PM wants masses to benefit from low POL prices

ISLAMABAD:

 

Prime Minister Shehbaz Sharif on Friday directed the authorities concerned to ensure that the masses benefited from the impact of recent reduction in the petroleum prices in the form of decreased transport fares and prices of eatables.

On May 15, the Pakistan Democratic Movement-led federal government decreased the price of petrol by Rs12 to Rs270 per litre after a fall in the international oil rate.

The prime minister while chairing the meeting of the federal cabinet asked the interior ministry and the district administrations across the country to ensure reduction in the commodities’ prices.

Calling for strict action against profiteers, the prime minister said transport fares and eatables’ prices should be reduced in proportion to the 11 per cent decrease in the petroleum prices announced by the government.

Apprising the cabinet about his visit to Iran on Thursday, the prime minister said Pakistan desired to enhance cooperation with the neighbouring country in multiple sectors.

He told the meeting that the two sides had agreed to improve the security along the 900-kilometre Pak-Iran border. Both sides had emphasised the joint efforts to counter cross-border terrorism, he added.

He said the import of low-cost electricity from Iran would help uplift the remote areas of Balochistan.

He said Iranian President Ebrahim Raisi took a personal interest in ensuring the completion of the much-delayed 100MW Gabd-Polan power transmission line within record time.

The project would ensure the power supply to southern Balochistan, particularly Gwadar, he remarked.

Similarly, he said, the Mand-Pishin border marketplace would create employment opportunities for the people on both sides of the border and usher in a new era of development.

The prime minister told the cabinet that the Iranian president had expressed special interest in enhancing bilateral trade, besides discussing cooperation in the fields of agriculture, science and technology, and solar energy.

A high-level delegation led by Foreign Minister Bilawal Bhutto would visit Iran for further deliberations on the said projects.

The prime minister also extended an invitation to President Raisi to visit Pakistan, which he accepted.

Briefing the cabinet members regarding the Road to Makkah project signed between Pakistan and Saudi Arabia on Wednesday, the prime minister said it would help facilitate the Hajj pilgrims.

Under the project, he said, around 26,143 Hajj pilgrims would undergo the immigration process at the Islamabad International Airport and be exempted from the lengthy process at Saudi airports. The implementation of the project was initiated on Thursday and hopefully it would be extended to Lahore and Karachi airports by next year, he added.