Govt satisfied with available stocks of POL products

ISLAMABAD: The government has said that the country currently has adequate stocks of petroleum products to meet demand for April and beyond. Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting on Thursday to review the stock of petroleum products in the country and to assess preparedness in light of the ongoing situation in the Middle East. The meeting was informed by the concerned government ministries, divisions, and departments that the country has sufficient petroleum reserves and there is no shortage. READ MORE: Govt ensuring supply of petroleum products nationwide: Aurangzeb Ishaq Dar expressed satisfaction over the existing supply position and directed the relevant ministries and all concerned authorities to maintain close coordination, ensure uninterrupted availability of POL products, and take all necessary measures to safeguard adequate supply in the coming weeks. The meeting was attended by Federal Minister for Petroleum, SAPM Tariq Bajwa, the Federal Minister for Economic Affairs, relevant Federal Secretaries, as well as Chief Secretaries and senior officials from the provinces. Meanwhile, DPM Senator Ishaq Dar chaired a meeting of the Committee for Monitoring and Implementation of Conservation and Additional Austerity Measures. The committee focused on assessing the effectiveness of ongoing initiatives to ensure fiscal discipline in the prevailing situation. The Deputy Prime Minister reviewed the implementation status of previously approved austerity measures across ministries and provinces. He expressed satisfaction over the progress achieved so far, particularly in curtailing non-essential expenditures and improving resource efficiency. He also directed the relevant ministries and departments to further strengthen monitoring mechanisms. Copyright Business Recorder, 2026

Go to News Site