{"id":108251,"date":"2026-05-11T16:08:05","date_gmt":"2026-05-11T16:08:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/president-directs-use-of-all-possible-measures-to-induce-inflationary-impact-in-meeting-with-pm-shehbaz-the-express-tribune\/"},"modified":"2026-05-11T16:08:05","modified_gmt":"2026-05-11T16:08:05","slug":"president-directs-use-of-all-possible-measures-to-induce-inflationary-impact-in-meeting-with-pm-shehbaz-the-express-tribune","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/president-directs-use-of-all-possible-measures-to-induce-inflationary-impact-in-meeting-with-pm-shehbaz-the-express-tribune\/","title":{"rendered":"President directs use of all possible measures to induce inflationary impact in meeting with PM Shehbaz | The Express Tribune"},"content":{"rendered":"

Says despite difficult geographical and regional situation, maximum relief should be provided to the people<\/p>\n

A meeting between President Asif Ali Zardari and Prime Minister Shehbaz Sharif in Islamabad on Monday. \u2014 PID <\/p>\n

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President Asif Ali Zardari directed the use of all possible measures to reduce the impact of inflation on the populace in a meeting with Prime Minister Shehbaz Sharif.\u00a0<\/p>\n

A press release from the presidency said the two held a meeting at the Aiwan-e-Sadr with Deputy PM and Foreign Minister Ishaq Dar, National Assembly Speaker Ayaz Sadiq, Interior Minister Mohsin Naqvi, Law Minister Azam Nazeer Tarar and others also present.\u00a0<\/p>\n

“The president directed possible measures to reduce inflationary pressures, ensure availability of essential goods and provide relief to the common man,” the statement said.<\/p>\n

The president said that despite the difficult geographical and regional situation, tensions in the Middle East and disruption of the supply chain, maximum relief should be provided to the people.<\/p>\n

The statement said the overall situation of the country, matters related to Afghanistan and the changing situation in the region were also discussed in the meeting.<\/p>\n

The meeting’s participants further paid tribute to the martyrs of last year’s May conflict against India and the professional capabilities of the armed forces while\u00a0reiterating\u00a0“unwavering commitment to national defence”.<\/p>\n

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\u2014 PPP (@MediaCellPPP) May 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n

The directives came in the wake of the government on Friday\u00a0raising the\u00a0prices <\/a>of both petrol and high-speed diesel (HSD) by Rs15 amid fluctuation in global oil prices due to closure of the Strait of Hormuz. It was the second hike in fuel prices in May.<\/p>\n

\u00a0<\/p>\n

The sharp increase in petroleum prices has triggered a fresh wave of economic anxiety<\/a> across Pakistan, with transporters raising fares, businesses warning of mounting operational costs, and ordinary citizens bracing for another inflationary shock in an economy already under severe strain.<\/p>\n

HSD is widely used in the transport and agriculture sectors. The sowing season for crops is underway; therefore, the increase in its prices will negatively impact the agriculture sector, where input costs are already high.<\/p>\n

The price of fertiliser has already increased due to a rise in transportation costs. Petrol is used in motorcycles and cars. However, the prime minister had earlier announced a continuation of a Rs100 per litre subsidy for motorists.<\/p>\n

During the ongoing Gulf war, Iran and the United States have maintained a blockade of the Strait of Hormuz, which supplies 20% of global oil. The entire world is facing a crisis-like situation as oil prices have jumped due to a shortage of supplies. Middle East countries like Saudi Arabia, UAE and Kuwait also face issues of supplies as their oil facilities have been hit. Iran is also a key oil supplier to China.<\/p>\n<\/p><\/div>\n