Petroleum Dealers Postpone Strike After Government Approves Margin Increase
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.
Latest Fact Checks
Petroleum dealers postpone planned strike as govt approves margin revision
The Pakistan Petroleum Dealers’ Association (PPDA) on Friday called off its plans to begin a strike on Saturday after the government approved a proposed revision in the dealers’ margins. The nod for the revision was also confirmed by the finance mini
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