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IMF Demands Higher Petroleum Taxes: Pakistan Faces Rs. 45/Liter Spike

IMF Demands Higher Petroleum Taxes: Pakistan Faces Rs. 45/Liter Spike

IMF’s Tax Demand: Pakistan’s Petroleum Prices Set to Surge The International Monetary Fund (IMF) has urged Pakistan to impose an 18% sales tax on petroleum products, potentially spiking the prices of MS Petrol, High-Speed Diesel (HSD), kerosene oil, and light diesel oil (LDO) by up to Rs. 45 per liter. This demand comes after Pakistan’s…

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