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Pakistan Raises Rs200 Levy on High-Octane Fuel for Luxury Vehicles
The Rs200 per litre levy hike on high-octane fuel for luxury vehicles is projected to raise Rs9 billion monthly for public relief while protecting lower-income groups from price increases.
- On Sunday, Prime Minister Shehbaz Sharif approved a Rs200 per litre increase in the levy on high-octane fuel used in luxury vehicles, raising the total levy to Rs300 per litre.
- The government implemented this measure amid efforts to manage rising global oil prices following the US-Israel war on Iran, which triggered a fuel crisis forcing broad austerity policies.
- Authorities expect this decision will save Rs9bn per month for public relief; the PMO emphasized that fuel prices for ordinary and middle-class citizens remain unchanged.
- Following the levy hike, Shehbaz imposed a complete ban on high-octane fuel use in government vehicles, warning that officials must bear costs personally for violations.
- Two weeks ago, the government announced austerity steps including a 50% cut in official fuel allowances and a four-day work week, which this directive now aligns with.
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Pakistan Fuel Price Hike: High-Octane Levy Jumps to PKR 300 per Litre, Check Petrol and Diesel Prices Here
Pakistan has hiked the levy on high-octane fuel for luxury vehicles by PKR 200, bringing the price to PKR 300 per litre. While public transport is unaffected, recent surges in petrol (PKR 321.17) and diesel (PKR 335.86) have already driven up airline fares. Domestic tickets rose by up to PKR 5,000, with international travel jumping by PKR 28,000. Pakistan Fuel Price Hike: High-Octane Levy Jumps to PKR 300 per Litre, Check Petrol and Diesel Price…
Geo News+2 Reposted by 2 other sources
Govt raises high-octane fuel levy by Rs200 per litre
High-octane fuel levy climbs to Rs300 per litre after hike.Decision not to affect public transport, airline fares: PMO.Govt expects Rs9bn each month in savings from levy hike.Prime Minister Shehbaz Sharif on Sunday approved an increase of...
Coverage Details
Total News Sources18
Leaning Left1Leaning Right5Center1Last UpdatedBias Distribution72% Right
Bias Distribution
- 72% of the sources lean Right
72% Right
14%
14%
R 72%
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