Govt raises petroleum dealers’ margin to Rs9.98 per litre

• PPDA calls off nationwide strike planned from today • Higher margin to take effect from Sept 1 ISLAMABAD: In a move aimed at averting a nationwide strike by petroleum dealers, the Economic Coordination Com­mittee (ECC) of the federal cabinet on Friday approved a 15.5 per cent increase in dealers’ margins on both petrol and high-speed diesel, following which the dealers called off their protest planned from Saturday. The decision raises the dealers’ margin on both fuels by Rs1.34 per litre, from Rs8.64 to Rs9.98 per litre. The revised margin is scheduled to take effect from Sept 1. Finance Minister Muhammad Aurangzeb chaired the ECC meeting virtually, while Finance Secretary Imdadullah…