Pakistan Introduces Daily Fuel Price Adjustments to Ensure Fair Prices

Daily fuel price adjustments to curb market abuse, ensure fair prices: petroleum minister

Petroleum Minister Ali Pervaiz Malik on Saturday said the introduction of daily fuel price adjustments would help curb market abuse, eliminate opportunities for windfall gains and ensure greater transparency and fair pricing for consumers. The minister made the remarks during a meeting with key petroleum sector stakeholders. He added that the reform would promote transparency, strengthen competition and ensure fair, market-based prices for consumers. A day earlier, the minister announced that...

By [email protected] (APP)