JI chief rejects petroleum relief package, demands abolition of levy
LAHORE: Rejecting the Prime Minister’s recent petroleum relief package as insufficient, Jamaat-i-Islami (JI) Emir Hafiz Naeemur Rehman on Monday yet again demanded the complete abolition of the petroleum levy. On Sunday, PM Shehbaz announced a “ relief scheme ” for users of motorcycles, autos and vehicles of up to 800cc to “alleviate the burden” of rising global oil prices. The JI chief’s remarks…
The Jamaat-i-Islami (JI) chief, Hafiz Naeemur Rehman, has rejected the Prime Minister's recent petroleum relief package, demanding the complete abolition of the petroleum levy. The party has been staging regular sit-ins across the country since August 16 to protest the levy, and Rehman warned of a march towards Islamabad if the levy was not withdrawn by September 20.
Rehman argued that a 3% reduction in the interest rate could save the national treasury around Rs1.7 trillion, enough to eliminate the petroleum levy, which currently collects more than Rs1.56 trillion annually from the public.
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