ECC approves Rs1.34 increase in petrol, diesel dealers’ margin

ISLAMABAD: The Economic Coordination Committee (ECC) has approved an increase of Rs1.34 per litre in the dealers’ margin on petrol and diesel, raising the margin from Rs8.64 to Rs9.98 per litre.

The decision was taken at an ECC meeting chaired by Finance Minister Senator Muhammad Aurangzeb.

The increase will apply to both petrol and diesel, according to the decision.

Noman Butt, vice chairman of the All Pakistan Petroleum Pumps Owners Association, welcomed the move and thanked Prime Minister Shehbaz Sharif and the petroleum minister for approving the increase.

Butt said the government had fulfilled a longstanding demand of petrol pump owners by increasing the dealers’ margin by Rs1.34 per litre.