The federal cabinet approved boosting dealers’ margins on petrol and diesel by Rs7 per litre on Saturday, further burdening the public who are already concerned owing to skyrocketing inflation.
The federal cabinet, according to sources, has approved increasing dealers’ margins on gasoline and diesel through circulation.
According to information, the government has approved a Rs2.87 rise in the dealer profit on fuel. As a result, the dealer per litre price of diesel has risen from Rs 4.13 to Rs 7.
While the fuel dealer margin has been enhanced by Rs 2.10 per litre. As a result, the petrol dealer profit has grown from Rs 4.90 to Rs 7.
The hike in dealer margins will go into effect on August 1. According to sources close to the situation, the costs of POL items are anticipated to rise further as citizens endure the added burden of rising petroleum product prices.
Petroleum dealers had already called for a statewide strike on July 18.
