PM's Committee Reviews Petroleum Pricing, Aims for Transparency & Stability

The committee discussed findings and recommendations on the pricing mechanism, appreciating steps to enhance transparency and reduce volatility. Key areas included a roadmap for deregulation, operationalizing OGRA's price dashboard, and reviewing strategic petroleum reserves and a price stabilization fund. Discussions also covered digitizing the supply chain, the moratorium on new OMCs, and windfall taxes. Reforms in petroleum pricing could influence Pakistan's inflation outlook and fiscal stability, potentially impacting USD/PKR rates and local gold demand.

بحوالہ / Source: www.brecorder.com