The Economic Coordination Committee (ECC) has approved imposing an additional burden on citizens, with the OMC margin set to rise by up to Rs2.56 per liter for petrol and diesel
According to details, a meeting of the ECC was held under the chairmanship of Federal Finance Minister Muhammad Aurangzeb, during which the committee approved measures that will place an extra financial burden on the public.
Reports say the ECC has approved an increase in the margins of oil marketing companies (OMCs) and dealers. Petrol and diesel prices will see an additional burden of up to Rs2.56 per liter, while Rs1.28 per liter of this increase will be passed on immediately.
It further said that the OMC margin on petrol will rise by Rs1.22 per liter, while the dealers’ commission on diesel will increase by Rs1.34 per liter.
According to an ECC statement, the margins for dealers and OMCs on petroleum products have been increased by 5 to 10 percent. Half of the increase will be implemented immediately, while the remaining half is conditional on digitalization. The Petroleum Division will submit a report by June 1, 2026.
The statement further mentioned that the ECC reviewed the circular debt management plan in detail, discussed ensuring the financial sustainability of the power sector, and directed the Power Division to prepare a mid-term plan.
The ECC also instructed the formation of a follow-up mechanism to monitor DISCOs’ targets and approved amendments to the vehicle import policy.
