Expected petrol prices from June 1- Check details here

The federal government is planning to set a record-high petroleum levy in the next budget for the fiscal year 2025-26, as part of its commitments to the International Monetary Fund (IMF).

The government has proposed a target of Rs1,311 billion in petroleum levy collections for the next fiscal year, which is a huge increase of Rs194 billion compared to this year’s target of Rs1,117 billion.

Petrol Price June 2025

Pakistan is seeing the highest-ever collection from petroleum levies in its history. This increase means consumers will have to pay more for fuel, putting even more financial pressure on households already struggling with rising prices.

From July 2024 to March 2025, the federal government collected Rs833.84 billion through petroleum levies. For comparison, Rs1,019 billion was collected in the entire fiscal year 2023-24, while Rs580 billion was collected in 2022-23.

By mid-2025, the levy rates have reached record levels, with Rs78.02 per liter on petrol and Rs77.01 per liter on diesel being charged from consumers.

Current Petrol Price in Pakistan

Petrol Levy in Pakistan

The proposed increase is part of the government’s broader strategy to meet IMF revenue benchmarks, but experts warn it could spark another round of fuel price hikes, potentially triggering a fresh wave of inflation and public discontent.

With the budget announcement around the corner, citizens are bracing for the impact, as essential commodities and transportation costs are likely to rise in tandem with fuel prices.