The Pakistan Goods Transport Alliance has rejected the recent increase in petroleum product prices, declaring it unacceptable. Alliance President Malik Shahzad Awan said transporters cannot bear further losses, stressing that the frequent hikes in petrol and diesel prices are creating instability within the transport sector. He announced a 3% increase in fares, warning that transport […]
POL prices
Govt increases petroleum levy on petrol over IMF concerns
Following concerns from the International Monetary Fund (IMF) on the drop in POL prices over the previous two weeks, the Finance Ministry increased the petroleum levy (PL) on petrol on Saturday. The government on Saturday increased the levy by Rs14.84 to Rs47.26 per litre on petrol, while reducing it on diesel, with an immediate effect […]