ISLAMABAD – Fortnight review of petrol price is around the corner, and Pakistanis are expecting slight relief in fuel rates from June 1.
Sources familiar with development claimed that there is no good news for Pakistanis in upcoming budget as federal government prepares to impose record-high petroleum levy in upcoming budget for fiscal year 2025-26 in line with commitments made to International Monetary Fund (IMF).
The government proposed target of Rs1,311 billion in petroleum levy collections for next fiscal year, a staggering increase of Rs194 billion from current year’s target of Rs1,117 billion.
Petrol Price June 2025
This surge will be highest petroleum levy collection in Pakistan’s history. The burden of this additional revenue will fall directly on consumers in the form of higher fuel prices, adding further pressure on households already grappling with inflation.
From July 2024 to March 2025, the federal government collected Rs833.84 billion through petroleum levies. In comparison, a total of Rs. 1,019 billion was collected during entire fiscal year 2023-24, while Rs580 billion was collected in 2022-23.
As of mid-2025, levy rates are already at an all-time high, with Rs78.02 per liter on petrol and Rs77.01 per liter on diesel being charged from consumers.
Current Petrol Price in Pakistan
| Item | New Rate |
| Petrol | 252.63 |
| High-Speed Diesel | 254.64 |
Petrol Levy in Pakistan
| Item | Petroleum Levy |
| Petrol | 78.2 |
| High-Speed Diesel | 77.1 |
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.
Petrol, diesel prices for May 2025 announced [Check New Rates]
