Potential increase could exacerbate inflation concerns; tax hike also on horizon
There is also a proposal to gradually increase excise duty on luxury items produced in Pakistan
Estimates show mixed trend in movement of petroleum product prices
Anticipated investment of $1b will boost petrol, diesel output
Policy aims to double output of petrol, boost diesel production by 47%
Criticise govt for maintaining maximum limit of Rs60 per litre in petroleum levy
Price of high-speed diesel remains unchanged
Projection based on global oil price fall, rupee strengthening
FPCCI president urges petroleum price cut
HSD expected to drop by Rs8.30 per litre in late November