The Chonkerton

Govt raises petroleum dealers’ margin to Rs9.98 per litre

business

Pakistan's government approved a fifteen point five percent increase in fuel pump margins on Friday, raising dealers' commission from eight rupees sixty-four paise to nine rupees ninety-eight paise per litre, taking effect September first. Per Dawn, petroleum dealers had demanded a variable margin of eight percent of retail prices — which at current rates would've pushed their take to twenty-six to thirty rupees per litre, significantly raising fuel costs for consumers. The government instead locked in the fixed increase, balancing the dealers' needs against pressure on everyday transportation costs.

Source: https://www.dawn.com/news/2022943/govt-raises-petroleum-d...

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