Pakistan: Federal Finance Minister Ishaq Dar has indicated a further increase in the prices of petroleum products.
Talking to the media in Islamabad, the Federal Finance Minister said that Pakistan is expected to get $1.2 billion after the IMF review. The decision to impose taxes of 170 billion rupees.
Ishaq Dar said that we have to prevent further increases in revolving credit in the gas sector by minimizing these targeted subsidies.
The Federal Finance Minister said that the levy on the prices of petroleum will be increased by five rupees.
The levy on the prices of petroleum will be increased by five rupees. The petroleum development levy on diesel will be increased from Rs.40 per liter to Rs.50 per liter. Sales tax is not being levied on petroleum.
