Govt Seeks Extension from Jamaat-e-Islami on Ending Petroleum Levy

ISLAMABAD: The federal government has requested an extension from Jamaat-e-Islami regarding the termination of the petroleum levy. Prime Minister Shehbaz Sharif met with Jamaat-e-Islami chief Hafiz Naeem ur Rehman on October 5, 2026, to discuss the matter.

During the meeting, the government expressed its need for additional time to address the complexities surrounding the petroleum levy. Sources indicate that the Prime Minister emphasized the importance of collaboration with political parties to navigate the economic challenges facing the country.

This request for an extension comes amid rising public concern over fuel prices and inflation, which have significantly impacted the daily lives of citizens. The petroleum levy has been a contentious issue, with opposition parties arguing that its removal is essential for alleviating financial burdens on the populace.

Looking ahead, the government plans to hold further discussions with Jamaat-e-Islami and other stakeholders to find a viable solution. The outcome of these negotiations could have significant implications for the government’s economic strategy and its relationship with political allies.