The All Pakistan Petrol Pump Dealers Association (APPPDA) has called off the nationwide petrol strike on Thursday after successful negotiations with the federal government over an increase in their profit margin.
The announcement was made by the Federal Minister for Information Broadcasting Fawad Chaudhry on Twitter.
تین اچھی خبریں 1) پٹرولیم ڈیلرز ایسوسیشن ایشن نے ہڑتال ختم کر دی 2) سعودی عرب نے پاکستان سے براہ راست فلائٹس شروع کرنے کا اعلان کر دیا 3) سعودی عرب سے تین ارب ڈالر کی ٹرانسفر میں تمام قانونی معاملات طے ہوگئے اور یہ ڈالر اس ہفتے پاکستان کو مل جائینگے
— Ch Fawad Hussain (@fawadchaudhry) November 25, 2021
According to the details, the federal government has agreed over increasing the profit margin by Rs. 0.99 per liter while assuring the petroleum dealers to review the profits every six months.
It is pertinent to mention that APPPDA had announced a petrol strike from 25 November 2021 after the government failed to increase their profit margin. This resulted in long queues at petrol pumps across the country.
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