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Petroleum Dealers Postpone Strike After Government Approves Margin Increase

Petroleum Dealers Postpone Strike After Government Approves Margin Increase
0:000:00

At a glance

  • The Pakistan Petroleum Dealers’ Association has called off a strike planned for Saturday.
  • The government approved a Rs 1.34 per litre increase in the dealers' profit margin.
  • The new margin on petrol and diesel will be Rs 9.98 per litre.

Story so far

The Pakistan Petroleum Dealers’ Association (PPDA) has called off a planned strike after the government approved an increase in their profit margin. The decision was made in a meeting of the Economic Coordination Committee on Friday. The margin was raised by Rs 1.34 per litre, bringing the total to Rs 9.98. While the strike is postponed, the PPDA has stated it will continue its protest until all its demands, including a potential change back from daily to weekly or fortnightly price revisions, are met.

Latest development

The Pakistan Petroleum Dealers’ Association (PPDA) has called off a nationwide strike planned for Saturday after the government agreed to increase their profit margin by Rs 1.34 per litre. The new margin on petrol and high-speed diesel will be Rs 9.98 per litre.

Sources and updates

Geo News - Youtube

Petroleum Dealers’ Major Demand Accepted by Government | Geo News

Dawn News - Youtube

Petroleum Dealers' Margin Increased | Fuel Price Impact Explained | Dawn News | Breaking News

Express News - Youtube

ECC Approves Increase in Petroleum Dealers’ Margins | Petrol Prices in Pakistan| Express News

7 more verified sources

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