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Federal cabinet approves hike in petroleum dealers’ margin by Rs7 per liter

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ISLAMABAD, July 30(ABC): The government has further burdened the masses, who are already concerned due to whooping inflation as the federal cabinet on Saturday approved increasing dealers’ margin on petrol and diesel by Rs7 per litre.

According to details, the government has approved an increase in dealer margin on diesel by Rs2.87.

While the dealer margin on petrol has been increased by Rs 2.10 per litre.

The increase in dealers’ margin will be effective from August 1.

Sources privy to the matter said that the prices of POL products are likely to increase further.

It merits mention here that a nationwide strike was called by the petroleum dealers on July 18.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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