Overview
- On July 25, 2026 the Pakistan Business Forum sent a formal letter to Prime Minister Shehbaz Sharif asking him to immediately review or withdraw the government’s newly introduced daily petroleum pricing mechanism.
- The forum says the daily rule has produced rapid price swings that left petrol up by Rs24 per litre and diesel up by Rs60 per litre over five days, creating sharp cost shocks for firms and consumers.
- Separately, the government recently revised pump prices, raising petrol to Rs335.18 per litre and diesel to Rs383.46 per litre, which PBF cites as part of the instability businesses are facing.
- PBF proposed fixing the petroleum levy at an amount equivalent to an 18% sales tax per litre and cutting per-litre margins for oil marketing companies while opposing any increase in dealers’ margins, which it says already exceed Rs8 per litre.
- The group warned that continued daily price moves hurt transport, agriculture and manufacturing by making contracts and budgets impossible to plan, and it said the dispute now hangs on whether the prime minister will order a policy review or leave the daily system in place.