- The government of Pakistan is considering a windfall tax on Oil Marketing Companies (OMCs) due to extraordinary profits caused by the Middle East conflict, leading to a committee review of Climate Support Levy funds.
- Pakistan's Finance Minister and Prime Minister constitute a high-level committee to review fiscal issues amid global oil price volatility.
Consultations were held regarding refinery policy amendments in Pakistan, with the Prime Minister expected to decide the policy future.
3 reports, 2 independent
Updated Jul 31
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What happened
Consultations were held regarding refinery policy amendments in Pakistan, with the Prime Minister expected to decide the policy future.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Investment Minister is seeking high-level policy intervention regarding ongoing consultations on refinery policy amendments in Pakistan.Sub-event
High-level consultations on refinery policy amendments are underway in Pakistan.1 source
Keep exploring
Part of
Pakistan's Finance Minister and Prime Minister constitute a high-level committee to review fiscal issues amid global oil price volatility.Also in this story
- PM Shehbaz Sharif constituted a committee to review pricing, while a minister proposed deregulating fuel prices in Pakistan.
- Economic stability in Pakistan is impacted by regional conflict in the Middle East.
The entities involved
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Pakistan
sovereign state in South Asia
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Shehbaz Sharif
Prime Minister of Pakistan (2022–2023; 2024–present)
- Talks are underway focusing on Iran's nuclear program and sanctions, involving the US, Israel, and Iran, with Pakistan's PM mediating the negotiations.
- A committee is questioning the Federal Board of Revenue regarding serious tax evasion and smuggling issues, including an absconding customs official.
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Finance Division
Pakistan government department
Related events
- Ministry of Petroleum manages fuel supply and discusses pricing reforms with dealers' association in Pakistan.
- Entities in Pakistan committed to refinery up-gradation projects and seeking modernizing infrastructure upgrades.
- PM Shehbaz Sharif approved energy sector reforms in Pakistan, subject to consultation with NEPRA and Khyber Pakhtunkhwa.
- The Prime Minister of Pakistan, Shehbaz Sharif, has directed the government to manage fuel pricing amidst global oil price fluctuations.
- Shehbaz Sharif initiates a nationwide targeted fuel subsidy scheme in Pakistan.
Coverage
Newest first; wire copies grouped- pakobserver.net
- propakistani.pkPM to Decide Future of $6 Billion Refinery Upgrade Policy Today