Pakistan, April 4 -- Sindh Chief Minister Syed Murad Ali Shah has announced a Rs55 billion targeted subsidy package aimed at protecting vulnerable groups from rising fuel costs driven by regional tensions, including the ongoing Iran conflict.

Speaking at a press conference, the chief minister said the provincial government would bear the full financial burden of the initiative, which is designed to provide relief while maintaining fiscal discipline. He noted that Pakistan, as a fuel-importing country, is facing increased economic pressure due to surging global oil prices.

Murad Shah said the package was finalised after consultations with national leadership, including Asif Ali Zardari and Prime Minister Shehbaz Sharif, with a shift from...