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Petroleum dealers call off nationwide strike

Information Minister Fawad Chaudhry confirms the development in a tweet

ISLAMABAD: The All Pakistan Petrol Pump Dealers Association (APPPDA) has called off the nationwide strike after ‘successful talks’ with the government, Information Minister Fawad Chaudhry confirmed late Thursday night.

According to details, talks between petroleum division and petrol dealers’ remained successful after the government agreed over increasing their profit margin by Rs0.99 per litre.

 

The government officials assured the petroleum dealers of increasing profit margin on petrol from Rs3.91 to Rs4.90 and on diesel from Rs3.30 to Rs4.13. The petroleum division will also review the commission of petroleum dealers on fuel on a semi-annual basis.

Panic gripped cities across the country on Wednesday after petroleum dealers announced to go on a countrywide strike for an indefinite period from Thursday (today) in protest against low-profit margin.

Later, the Petroleum Division said that it had moved a summary to the Economic Coordination Committee of the Cabinet (ECC) recommending an increase in the dealers’ share.

 

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