Plan to increase petroleum levy from Rs 70 to Rs 100 per litre

The federal government has prepared a plan to revive the economy. According to the sources, the details of the proposed project were presented in the National Security Committee meeting yesterday. According to the proposed plan, the targeted subsidy will be given only to the lower income section of the society, while the petroleum levy on petroleum products and gas is proposed to be Rs 70 to Rs 100 per litre, in addition to additional taxes. Taxes on general shopkeepers and traders. Economic recovery is part of the plan. According to the proposed plan, the funds to be transferred to the provinces will be linked to line losses in the gas and electricity sector, while the current account deficit will be met through rationing of petrol, electricity and gas, in addition to Rs 10 billion. Excess expenses will be covered. A proposal to peg the value of the dollar on a market basis is part of the economic recovery plan. According to sources, restructuring of local and foreign debts is also proposed as part of the economic recovery plan. Sources say that a 10-year comprehensive plan will be prepared for the improvement of the country's economy, the plan will be shared with friendly countries and asked for structured support, among these countries are China, United Arab Emirates, Saudi Arabia, Qatar, Includes the European Union and the United States.