The federal cabinet's decision aims to minimize the impact of rising petroleum prices on consumers and ensure supply security, especially given the Strait of Hormuz situation. Ogra will now compute and publish daily ex-depot prices for petrol and HSD based on a seven-day rolling average. This centralization and new pricing mechanism could lead to more stable fuel costs, potentially easing inflationary pressures and supporting the PKR by better managing a major import component.
بحوالہ / Source: www.dawn.com