petroleum levy

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    Fuel Price Hike in Pakistan Linked to Global Oil Market

    Islamabad, April 3 Pakistan has announced an unprecedented increase of 43 percent and 55 percent in the prices of petrol and high-speed diesel (HSD), respectively, in response to soaring global oil prices amid the US-Israel war on Iran.The government made the announcement on Thursday. The...
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    Pakistan's Economy: Reforms Needed Amid Global Uncertainty

    Pakistan Economy Remains Vulnerable Despite Petroleum Levy Hike New Delhi, March 25 – Experts have cautioned that Pakistan’s economy remains highly vulnerable to global shocks due to its heavy reliance on imported fuel, weak external finances, and limited fiscal space. The situation could worsen...
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