Govt assures fortnightly shift in petrol price reviews
Officials told petrol pump owners they would move toward 15-day fuel price reviews, while also preparing to raise the legal ceiling on the petroleum levy.
Daily petrol price changes remain in place for now in Pakistan.
The All Pakistan Petrol Pump Owners Association asked for 15-day reviews after meeting petroleum secretaries.
Officials assured that steps would be taken to move to a fortnightly pricing mechanism as soon as possible.
The government plans to amend the Petroleum Products Ordinance, 1961, to raise the legal upper limit on the petroleum levy.
Raising the levy ceiling alone would not automatically increase petrol or diesel prices.