![\"Finance](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/03\/656784_6679064_updates.jpg\")
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Finance Minister Muhammad Aurangzeb addresses members of the Karachi Chamber of Commerce and Industry (KCCI), Karachi, November 5, 2025. \u2014 APPGovt considering demand management measures: Aurangzeb.Govt absorbed Rs69bn petroleum cost burden: minister.Finance minister says Pakistan’s resources not unlimited.<\/p>\n
Finance Minister Muhammad Aurangzeb on Sunday announced that the government was preparing a targeted relief package for vulnerable segments of society, saying measures were being taken to minimise the impact of rising fuel costs on the public.<\/p>\n
Speaking to media, he said that all ministries, including petroleum, IT and finance, were working on a joint strategy as Pakistan moves to shield public from the impacts of the financial strain due to the Middle East conflict.<\/p>\n
The finance minister said that the government was reviewing potential impacts on the economic situation, trade and investment, adding that steps were being taken to improve the economic situation.<\/p>\n
Referring to the deepening Middle East crisis, he warned that the ongoing regional tensions could affect Pakistan\u2019s energy infrastructure.<\/p>\n
Aurangzeb noted that the government had absorbed a burden of Rs69 billion on petroleum products to shield consumers from price shocks.<\/p>\n
The finance minister emphasised the need for sustainable and long-term solutions, given the country’s limited resources.<\/p>\n
He said that the government was considering demand management and energy conservation measures to address ongoing challenges, while expressing optimism that the energy supply situation would remain stable until April.<\/p>\n
However, he cautioned that Pakistan’s resources were not unlimited and must be utilised carefully.<\/p>\n
His remarks come two days after Prime Minister Shehbaz Sharif said he rejected recommendations for a further hike in petrol and diesel prices.<\/p>\n
The premier made the announcement during an address to the nation, delivered on the eve of Eid ul Fitr on March 20.<\/p>\n
Since the announcement of a 20% increase in petrol and diesel prices earlier this month, rates have remained unchanged, with government officials saying the measure aims to ease the public’s financial burden.<\/p>\n
The government, on March 6, had raised petrol and diesel prices by Rs55 per litre each as surging global oil prices, fuelled by the US-Israel war with Iran, put pressure on domestic energy costs.<\/p>\n
At the time, the petroleum minister said that the government would reduce prices promptly once the situation improved.<\/p>\n","protected":false},"excerpt":{"rendered":"Finance Minister Muhammad Aurangzeb addresses members of the Karachi Chamber of Commerce and Industry (KCCI), Karachi, November 5,…\n","protected":false},"author":2,"featured_media":352511,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-352510","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/352510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=352510"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/352510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/352511"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=352510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=352510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=352510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}