The Pakistan Petroleum Dealers Association (PPDA) successfully pressed the federal government to approve a significant increase in the profit margin for dealers on motor spirit (MS) and high-speed diesel (HSD).
Positive Outcome of Meetings
State Minister Musadik Malik, along with representatives from the PPDA and other stakeholders, engaged in constructive meetings resulting in a favorable decision.
Gradual Increment in Dealers’ Margins Over Four Fortnights
Dealers’ margins on petrol and diesel will gradually rise from the current Rs. 6 per liter to Rs. 7.64 per liter within two months, following the latest agreement.
In a notable development, the government agreed to implement a gradual increase of 41 paisas per liter over four fortnights. This means a total fuel price hike of Rs. 1.61 per liter, in addition to any government-led revisions.
