Islamabad: The Oil and Gas Regulatory Authority (OGRA) has received an initial allocation of Rs 27 billion from the Prime Minister’s Austerity Fund to address Price Differential Claims. This financial move follows the government’s strategy to protect consumers from the escalating oil prices on the global market.
According to Press Information Department, the funds were sourced through various expenditure reduction measures enacted across federal government sectors and subsequently deposited into the Prime Minister’s Austerity Fund. The government is reportedly evaluating further cost-cutting strategies to maintain public relief efforts while adhering to budgetary constraints and seeking additional savings.