The Pakistani government has reported a significant Rs180 billion collection from the Petroleum Development Levy in recent weeks, attributed to the ongoing Middle East conflict. This is part of a larger Rs1,234 billion collected since July, with Rs38 billion disbursed in fuel subsidies to stabilize consumer prices. However, the Oil and Gas Regulatory Authority has acknowledged delays in payments to oil marketing companies, raising concerns about liquidity and fuel availability. Minister Kayani indicated that the government is reviewing global oil prices and will make decisions on petrol price adjustments accordingly.
BUSINESSPublished 18 Apr 2026 • Published 1 day ago • Updated 19h ago
Pakistan Government Collects Rs180 Billion Petroleum Levy Amid Middle East Conflict
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Pakistan's government is set to decide on petrol price reductions next week, following a recent cut in diesel rates. Minister Bilal Azhar Kayani highlighted improvements in economic stability, including regained access to the Eurobond market and ongoing consultations with the business community ahead of the upcoming budget.
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