Govt raises petroleum dealers’ margin to Rs9.98 per litre
• PPDA calls off nationwide strike planned from today • Higher margin to take effect from Sept 1 ISLAMABAD: In a move aimed at averting a nationwide strike by petroleum dealers, the Economic Coordination Committee (ECC) of the federal cabinet on Friday approved a 15.5 per cent increase in dealers’ margins on both petrol and high-speed diesel, following which the dealers called off their protest…
The government has increased the petroleum dealers' margin to Rs9.98 per litre, as part of efforts to avoid a nationwide strike. The Economic Coordination Committee (ECC) of the federal cabinet approved a 15.5 per cent raise in margins for both petrol and high-speed diesel, after which the dealers called off their protest. The decision will be implemented from September 1, with the dealers' margin on both fuels increasing by Rs1.34 per litre.
The move was made following a nationwide strike call from the Pakistan Petroleum Dealers Association (PPDA) on August 15. The association demanded that the fixed margin be replaced with a variable margin linked to retail prices, but the government instead approved the increased fixed margin.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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