Pakistan records Rs2.1tr budget surplus in first quarter of FY25
Federal govt contributes Rs1,338 billion to the surplus
Federal govt contributes Rs1,338 billion to the surplus
On Aug 31 at midnight, federal govt issued revised prices of petroleum products for next fortnight
Petroleum levy collections hit record high as govt eyes further hikes
Petrol price cut offset by Rs2.5 per litre hike in petroleum levy
NA opposition leader says Petroleum levy crosses Rs100, budget prioritises elites
Move follows Pakistan's successful compliance with most of IMF’s conditions
Increase in petroleum levy is part of broader economic adjustments under IMF programme
Global lender asks Pakistan to hike petroleum levy by Rs10 per litre
Discussions will also include consultations on budget proposals for upcoming fiscal year
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