Send CNIC number to 786 to avail petrol subsidy: Miftah

Rules out another hike in petrol prices on June1
<p>Finance Minister Miftah Ismail talks about petrol and diesel subsidies during his press conference on May 27 (Photo: APP)</p>

Finance Minister Miftah Ismail talks about petrol and diesel subsidies during his press conference on May 27 (Photo: APP)

Federal Finance Minister Miftah Ismail announced Saturday the process for the deserving families to avail the subsidies on petrol and diesel under the relief program announced by Prime Minister Shehbaz Sharif in his address to the nation Friday.

Addressing a press conference in Islamabad, the finance minister said families who are part of the Benazir Income Support Program (BISP) will automatically receive Rs2000 under the “Prime Minister Sasta Petrol Sasta Diesel Scheme.”

The households that are not part of the BISP database will have to send their identity cards numbers to 786 to check their eligibility, Ismail added.

However, he clarified that the id card number should belong to a woman as the money would only be transferred to the women head of the household.

Miftan said the government would verify the intending beneficiary and if their household income was found to be less than Rs40,000, they would get the money.

He said the subsidy amount was equal five percent of these families’ total income as according the the Pakistan Bureau of Statistics data, an average Pakistan spends five percent on transport.

He said the program was expected to benefit more tan 14m families, out of which 7.3million were already registered under BISP. “The remaining 6.7m families will have to send the message to 786 [to avail the subsidy].”

The finance minister said the subsidy would cost the government Rs28b, however, he refused to call it a “burden on exchequer.”

He said with the recent hike in the prices of petroleum products, the government has reduced the loss it was sustaining by subsidizing petroleum products by Rs60b.

Criticizing the former finance minister, Ismail said Sahukat Tarin committed to the International Monetary Fund (IMF) that there would be no subsidy on the petroleum products, in addition to Rs30 levy.

“The government was was losing Rs84 per litre on diesel. [If we] increase that and add Rs30 levy [as committed by Tarin], it comes to Rs114. [if we] Add this to the existing diesel price which is Rs144, the price should be Rs258. Add sales tax to it and it be around Rs300 and Rs260 for petrol.”

Replying to Tarin’s claim that the previous government left the money to finance the subsidy announced by former Prime Minister Imran Khan in February, Ismail said if if Tarin can tell where that money is, he will be happy to use it.

The truth is that he didn’t leave anything, said Ismail.

The finance minister also said that after the price hike on Thursday, the price of petroleum products will not be increased on June1.

The prices of petrol and diesel are revised fortnightly on first and 15th of every month. However, the government was compelled to increase it on May 26, after the IMF linked the release of the next tranche with the removal of subsidy on petroleum products.

Talking about the resumption of IMF loan program, the finance minister said the staff level was expected to be reached by June.

After the agreement, there would be a board meeting and subsequently, the money would be released, he added.

The finance minister said the money from the IMF was not needed to shore up the reserves, rather it was needed to secure funding from other multilateral sources.

He said the China would soon announce a monetary package, while the country also expects to receive support from Asian Development Bank, World Bank and Asian Infrastructure Development Bank.

The minister added that Saudi Arabia has already announced to roll over the $3b loan which the Gulf country has deposited in the central bank’s reserves.

The finance minister also announced that the budget for the fiscal year 2022/23 will be announced June 10.

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Ikram
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ABID May 28, 2022 03:09pm
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ghulam said May 28, 2022 05:05pm
ok
Ali Husnain May 28, 2022 05:17pm
I am a darivar
M.Javed May 28, 2022 10:28pm
Sir 786 per msg sent nai ho raha plz subsidy k lye registration ka treeqa bataien thanks
Irfan May 28, 2022 11:46pm
Ok
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آ صف ذرا
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UmerDraz May 29, 2022 08:43am
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koi treeka btain
Sadoro khan May 29, 2022 10:19am
I'm poor man
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For Benazair income support
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I'm student
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سر یسمس نہیں جا رہا پلیز طریقہ کار بتائے
yaqoob ahmed khan May 30, 2022 09:32am
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Patrol raleef
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i need it
Rashida parveen May 30, 2022 12:36pm
We belong poor people we don't have home I am still countinue my study my parents not able to more tolaret so do me a favor my CNIC number is 31101-5375363-8 This is my mother,s CNIC I thnks you quick response for your side I am still waiting for your response. I am a student ,my CNIC is 34101-4371489-2 i want to et addmission in 5th year please help me. ihave no fee no pay for addmission. my father,s income is 12000 and we are 7 sister and brothers. an you help me.i am waiting for your response.
Salman khan May 30, 2022 02:54pm
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danish May 31, 2022 07:59pm
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I'm poor
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Ishtiaq ahmad May 31, 2022 11:36pm
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Ibrar Ali Channa Jun 01, 2022 10:28am
Sir 786 per msg sent nai ho raha plz subsidy k lye registration ka treeqa bataien thanks. Today is date 1st June.
Abdullah Khan Jun 01, 2022 11:42am
Good step for poor people
Abdullah Khan Jun 01, 2022 11:42am
Good step
Zubair ahmed Jun 01, 2022 01:03pm
Petrol subsady pakiges
Zubair ahmed Jun 01, 2022 01:04pm
Petrol awer deisel subsady
Abdul hameed Khan Jun 01, 2022 03:16pm
I am very very poor. And I am look after 07children and two adult. And no any benifit from government side. I belong to peshawar.
Inam ullah Jun 01, 2022 03:36pm
We belong poor people we don't have home I am still countinue my study my parents not able to more tolaret so do me a favor we need our home if you give us home stolnment without any extra charges so we are very thanks for you and make banizr card that good be wonder full I hope you make our banzir card my NIC number is 1730118524972 thnks you quick response for your side I am still waiting for your response.
MuhammadTouqeer Jun 01, 2022 04:21pm
Driver
Quaid Johar Dawson Jun 01, 2022 04:32pm
Goverment should consider pensioners of EOBI who is senior citizens to either increase pensioner amount to minimum wages or give him subsidy on petrol and on other price hikes. Previous Goverment promised to increase amount but didn't increase pension amount we hoped from current government.
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I beling to poor family
M Akram Jun 03, 2022 06:39pm
Driver
سراج حسین شاہ مختاری Jun 04, 2022 09:06am
بڑھاپے الاؤنس کے علاؤہ کوئی دوسرا ذریعہ معاش نہیں بڑی مشکل سے گزارہ ہوتا ھے
سراج حسین شاہ مختاری Jun 04, 2022 09:07am
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سراج حسین شاہ مختاری Jun 04, 2022 09:10am
بہت اچھی کوشش اللہ تعالیٰ برکت عطا فرمائے آمین
سراج حسین شاہ مختاری Jun 04, 2022 09:12am
ماشاءاللہ بہت اچھی کوشش مجھے اولڈ ایج بینیفٹ سے 8500 روپے بڑھاپے الاؤنس کے علاؤہ کوئی ذریعہ معاش نہیں ہے مجھے بینظیر انکم سپورٹ پروگرام میں شامل کیا جائے آپ کی مہربانی ہو گی
سراج حسین شاہ مختاری Jun 04, 2022 09:30am
بینظیر انکم سپورٹ پروگرام میں شامل کیا جائے اور ماہانہ 2000 روپے مہنگائی الاؤنس دیا جائے
Irshad ali Jun 04, 2022 11:34am
Money for petroleum
Irshad ali Jun 04, 2022 11:35am
Iam a driver
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