Articles for tag: economic burden fuel cost, energy inflation Pakistan, fuel subsidies Pakistan, global oil prices drop, Government Revenue Policies Keep Fuel Prices Elevated in Pakistan, high fuel prices Pakistan, oil import Pakistan, petroleum levy Pakistan, rupee depreciation impact

Government Revenue Policies Keep Fuel Prices Elevated in Pakistan

Why Fuel Prices in Pakistan Remain High Despite Global Oil Decline

By Amir Saeed ISLAMABAD– The government’s revenue policies and currency depreciation keep the fuel prices elevated, preventing the benefits of lower global oil prices from reaching the consumers and exacerbating the economic challenges. Talking to WealthPK, Uzma Aftab, macroeconomic analyst at the Policy Research and Advisory Council (PRAC), highlighted that the fuel prices in Pakistan ...