Prime Minister Shehbaz Sharif announced a Rs20 billion relief package for Ramadan, aimed at supporting 4 million families in Pakistan. Each family will receive Rs5,000, despite declining inflation rates, many still face economic hardship. The government will distribute the funds digitally, ensuring aid encompasses all regions as part of its ongoing economic stabilization efforts under an IMF program.
On March 1, 2025, Prime Minister Shehbaz Sharif introduced a significant Rs20 billion ($71.4 million) relief initiative aimed at supporting needy families during Ramadan in Pakistan. This package is designed to aid approximately 4 million families nationwide as the holy month begins. Despite a reduction in the consumer inflation rate to 2.4% in January, many citizens continue to experience financial hardships. Under this relief program, each family will receive Rs5,000 ($17.87) to alleviate some of their economic burdens during Ramadan.
Prime Minister Sharif highlighted the affluence of this year’s Ramadan in comparison to the previous year, crediting the decline in inflation as a blessing. He announced that the relief funds will be distributed digitally, reaching families in every province, including Gilgit-Baltistan and Azad Jammu and Kashmir. The program comes as Pakistan navigates economic stabilization efforts under a $7 billion International Monetary Fund (IMF) agreement secured the previous year.
Moreover, the finance ministry has indicated expectations of stable consumer inflation rates moving forward, continuing on a downward trajectory from the previous year. During the launch event, Sharif acknowledged the collaborative efforts of government institutions, international partners, and technology companies involved in implementing the digital payment system, underscoring the importance of their contributions to this essential cause.
In summary, the launch of the Rs20 billion relief package by Prime Minister Shehbaz Sharif signifies the Pakistani government’s commitment to alleviating hardships faced by families during Ramadan. While inflation is declining, economic struggles persist for many, making this initiative crucial. The program will utilize digital methods to ensure aid reaches millions, demonstrating a strategic approach to welfare during these challenging times.
Original Source: www.arabnews.com
