ISLAMABAD:Minister of State for Petroleum Musadik Malik on Tuesday said the government has taken tough decisions regarding removal of fuel subsidies for stability of the economy and to take the country out of financial crises.
Talking to a private news channel, he expressed the hope that the country would be financially stable and back on the path of progress in a few months, due to better economic policies of the government.
The Minister of State said the PTI government put 660 billion rupees extra burden on the national exchequer in three months in the form of subsidy on fuel and petroleum products. Replying to a question about Russian offer for cheap oil, as claimed by the PTI, Musadik Malik said there is no documentary evidence in the petroleum division in this regard.