High octane fuel has become the focus of a new government move aimed at easing pressure on the general public. The levy on high octane fuel has been increased by Rs200 per litre, taking the total to Rs300, as authorities shift the burden towards wealthier vehicle owners.
The decision came during a high-level meeting chaired by Prime Minister Shehbaz Sharif. Officials said the increase applies only to high octane fuel, which is mostly used in luxury vehicles. Prices of petrol, diesel and other commonly used fuels remain unchanged.
The government believes this step will protect lower and middle-income groups from rising costs. It also confirmed that the increase in high octane fuel will not affect public transport fares or air travel expenses.
According to officials, the revised high octane fuel levy is expected to generate around Rs9 billion each month. The prime minister has directed that this amount be used for targeted public relief.
In a statement, authorities said the move will help reduce pressure on the economy while ensuring that the wealthiest segment contributes more. The focus remains on keeping essential fuel prices stable for ordinary citizens.
Meanwhile, Finance Minister Muhammad Aurangzeb said the government is maintaining a steady supply of petroleum products, including petrol, diesel and LPG. He noted that the state has already absorbed a financial burden of Rs69 billion to support consumers.
Aurangzeb added that efforts are underway to improve supply conditions by April. He also warned that ongoing regional tensions could affect energy infrastructure, stressing the need for careful planning.
The decision on high octane fuel reflects a broader strategy to balance economic pressure while offering relief to the public during a challenging period.