Govt, JI Form Committee to Review Petroleum Levy & Expand Relief

The decision followed a meeting between PM Shehbaz Sharif and JI chief Hafiz Naeemur Rehman. The committee, with three members from each side, will prepare recommendations for widening the relief scheme and proposing a gradual levy reduction in the upcoming budget. This move indicates potential future adjustments to fuel pricing policy, which could indirectly influence domestic inflation and the government's fiscal outlook, thereby having a long-term, moderate effect on the USD/PKR exchange rate.

بحوالہ / Source: www.brecorder.com