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◕ SundialUpdated 1 day ago
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Government and Petrol Dealers Reach Agreement on Fuel Relief Scheme

Petroleum dealers and the government have agreed on a 48-hour claim processing mechanism for the Fuel Relief Scheme.

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Government and Petrol Dealers Reach Agreement on Fuel Relief Scheme
Petroleum pump dealers and government officials discuss the implementation of the Fuel Relief Scheme.

Key Takeaways

  • The government assured petroleum dealers that claims under the Fuel Relief Scheme will be processed within 48 hours.
  • Rs. 25 billion for the first month has been provided to the State Bank of Pakistan for reimbursement.
  • A dedicated control room has been established to assist petrol pumps and address their questions and complaints.

The government and petroleum pump owners have reached an agreement on the implementation of the Prime Minister’s Fuel Relief Scheme, according to a statement from the Federal Minister for Petroleum, Ali Pervaiz Malik.

During a meeting held on Thursday, Malik briefed representatives of petroleum pump dealers’ associations on the scheme’s implementation mechanism. The meeting was informed that funds for three months had been earmarked for the Fuel Relief Scheme.

Of this amount, Rs. 25 billion for the first month had already been provided to the State Bank of Pakistan to facilitate timely reimbursement to participating petroleum dealers.

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The State Bank briefed the participants on the reimbursement process and assured them that claims submitted under the scheme would be processed within 48 hours.

The Ministry of Information Technology and Telecommunications also briefed the participants on the digital system developed to implement the scheme. A dedicated control room has been established to assist petrol pumps and address their questions and complaints.

Petrol pump and dealers’ associations welcomed the scheme and assured the government of their cooperation in its implementation. They raised questions and concerns about the operational mechanism, which were addressed during the meeting.

PPDA office bearers stated that successful negotiations with the government had ended the deadlock over the Fuel Relief Package and that dealers had started implementing the scheme.

The association expressed hope that timely implementation of the agreed payment mechanism would address the concerns of petroleum dealers.

Ali Pervaiz Malik appreciated the cooperation of petroleum dealers and stressed the importance of coordination among all stakeholders to ensure the relief program is implemented effectively, transparently, and on time.