Federal Minister for Financial Affairs Division, Muhammad Hammad Azhar on Tuesday mentioned the federal government has introduced Rs 1200 billion financial aid and stimulus package deal.

It seeks to offer aid to weak, help to poor, Small and Medium Entrepreneurs (SMEs), he mentioned this on social media account of twitters right here on Tuesday.

Hammad mentioned that Petrol ,diesel costs shall be decreased by Rs 15 per liter. He mentioned that 12 million individuals will obtain Rs 3000 for four months.

The Minister mentioned that Rs 50 billion have been put aside for utility retailer company.

The federal government has additionally go for concessional loans to SME and Agriculture sector and discount of taxes on important commodities additionally determined, he mentioned.