Government set to increase IFEM by Rs 2.5 per liter for POL products Blogging Sole

Government set to increase IFEM by Rs 2.5 per liter for POL products

 Blogging Sole

A worker holds a fuel injector to refuel a car at a gas station in Karachi, September 16, 2023. — Reuters Increase in IFEM by Rs 2.5 per liter proposed as interim financing measure. The sales tax exemption makes refinery upgrades unsustainable. The refinery improvements aim for POL production to comply with the Euro V … Read more

Prices of petroleum products expected to “increase by Rs 5.50 per liter” Blogging Sole

Prices of petroleum products expected to “increase by Rs 5.50 per liter”

 Blogging Sole

A large number of motorists gathered in a queue to fill up with gasoline in Karachi on Friday, July 5, 2024. — PPI The government will announce new rates on November 15. New rates will come into effect on November 16. The federal government increased prices in the previous review. KARACHI: The price of petroleum … Read more