Petrol Pumps strike called off after govt agrees to increase dealers margin to 4.4%
Petrol Pumps strike has been called off after govt agrees to increase dealers margin to 4.4%!
On Thursday evening the Pakistan Petroleum Dealers Association (PPDA) called off the nationwide strike after the government agreed to increase their profit margin to 4.4%.
Earlier, it profit margin was 3.9% and the PPDA demanded the government to increase it to 6%.
The announcement on behalf of PPDA was made by the association’s chairman Abdul Sami Khan.
The government has assured the petroleum dealers to review the profits every six months, as per the media reports.
Federal Minister for Information and Broadcasting Fawad Chaudhry also confirmed the development in a tweet.
تین اچھی خبریں 1) پٹرولیم ڈیلرز ایسوسیشن ایشن نے ہڑتال ختم کر دی 2) سعودی عرب نے پاکستان سے براہ راست فلائٹس شروع کرنے کا اعلان کر دیا 3) سعودی عرب سے تین ارب ڈالر کی ٹرانسفر میں تمام قانونی معاملات طے ہوگئے اور یہ ڈالر اس ہفتے پاکستان کو مل جائینگے
— Ch Fawad Hussain (@fawadchaudhry) November 25, 2021
As being reported, following the announcement the petrol pumps across the country have started to open up.
