ISLAMABAD: The government has increased dealers’ commission on the sale of petroleum products by up to an unprecedented 70 per cent and lifted a ban imposed in May on the import of “non-essential and luxury items”, excluding automobiles, cell phones and electronics.
The decisions were taken on Thursday at a meeting of the Economic Coordination Committee (ECC) of the cabinet presided over by Finance Minister Miftah Ismail.
The committee also approved tenders for 200,000 tonnes of wheat at about $408 a tonne and allowed $11.6 million goodwill compensation for the Chinese casualities at the Dasu hydropower project in July last year.
The meeting approved an increase of 70pc in the dealers’ commission on the sale of high-speed diesel (HSD) to Rs7 per litre from Rs4.13 at present.
