Budget 2025 petrol price impact(بجٹ 2025 پیٹرول کی قیمتوں پر اثر)
Petrol and diesel prices are expected to climb higher after Budget 2025 petrol price impact as the Government announced a new carbon levy of Rs2. 5 per litre on fuel products. The fuel prices are said to jump in the second half of June 2025 after the federal budget is finalized. The current prices of petrol is Rs253.63 and diesel at Rs254.
Federal Budget 2025
The Oil prices are to jump in the second half of June 2025 after the federal budget is finalized. The current prices of petrol is Rs253.64 and the Current price of diesel is Rs. 254.64 per litre, but with the carbon tax added, prices could rise to approximately Rs. 256.13 for petrol and Rs. 257.14 for diesel.
Petrol Carbon Levy
| Product | Current price | Carbon Levy | Expected price |
| Petrol | 253.63 | 2.5 | 256.13 |
| Diesel | 254.64 | 2.5 | 257.14 |
Government plans for Budget 2025 petrol price impact
Government plans for the Budget 2025 petrol price impact on the fuels and Sharif led government plans to implement this carbon levy starting in fiscal year 2025-26 as part of its commitment to green budgeting and environmental sustainability. Carbon levy will be applied alongside the existing petroleum levy and is anticipated to generate Rs. 45 billion in additional revenue. The surge may put additional pressure on consumers, especially as fuel prices already hover at high levels. The levy is expected to rise to Rs. 5 per litre in FY2026-27, which could result in further price hikes.
Budget Follow IMF
The budget for petroleum products for this 2025 year for the country is likely to continue its fiscal surplus in FY26 and thinks to maintain high direct taxes without reliefs for salaried workers or business and the budget will follow IMF guidelines and facing challenges like declining revenues from the Oil and Gas and pressure on the custom Duties.
Conclusion
Government plans for the Budget 2025 petrol price impact on the fuels and Sharif led government plans to implement this carbon levy starting in fiscal year 2025-26 as part of its commitment to green budgeting and environmental sustainability. Petrol and diesel prices are expected to climb higher after Budget 2025 petrol price impact as the Government announced a new carbon levy of Rs2. 5 per litre on fuel products.
FAQ’s
What are the Government plans for the Budget 2025 petrol price impact?
Government plans for the Budget 2025 petrol price impact on the fuels and Sharif led government plans to implement this carbon levy starting in fiscal year 2025-26 as part of its commitment to green budgeting and environmental sustainability.
How does the Budget follow IMF Guidelines?
The budget for petroleum products for this 2025 year for the country is likely to continue its fiscal surplus in FY26 and aims to maintain high direct taxes without reliefs for salaried workers or business and follow IMF guidelines.
What is the Petrol and Diesel Price in May 2025?
The price of Petrol is Rs253.63 per litre and the Diesel Price in Pakistan in May 2025 is Rs 254.64 per litre.
