Islamabad: The government has established a dedicated fund aimed at protecting the economy and consumers from sudden fluctuations in international oil prices.
According to officials, the fund will serve as a financial buffer to help absorb the impact of sharp increases in global crude oil prices, reducing pressure on domestic fuel prices. The initiative is intended to enhance energy security and provide greater stability in the country’s petroleum pricing mechanism.
Authorities said the fund would support efforts to manage external economic shocks, improve fiscal planning, and reduce the burden of volatile oil markets on households and businesses.
The government believes the new mechanism will strengthen Pakistan’s economic resilience by ensuring a more stable fuel pricing system while safeguarding consumers from abrupt price hikes caused by global market volatility.
