ISLAMABAD: The Economic Coordination Committee (ECC) is set to meet today to consider a major decision on a possible hike in petrol and diesel prices.
The government has put on the agenda proposals to significantly increase the margins of oil marketing companies (OMCs) and petroleum dealers, which, if approved, are likely to impose additional burden on the public.
The biggest proposal to be presented to the ECC — “Option Two” — proposes an increase of Rs 1.63 per litre in the OMC margin and Rs 1.79 per litre in the dealer margin.
