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Pakistan's petroleum levy hike may push fuel prices up 17% in FY26
Govt expects PKR 1.3 trillion in petroleum development levy, up PKR 194 billion from FY25
May 21, 2025
May 21, 2025
Govt expects PKR 1.3 trillion in petroleum development levy, up PKR 194 billion from FY25
Finance Minister Muhammad Aurangzeb Assures Industry Leaders of Government Support
Despite the base cost of fuel being significantly lower, taxes and other charges sharply inflate retail prices
This is due to the decline in international crude oil prices