All posts tagged: petrol development levy

A Khilafah Alone Can Ensure Economic Development, through Unification of the Abundant Resources of the Current Divided Muslim Nation States, including Pakistan

In November 2021, Pakistan and the International Monetary Fund (IMF) reached a staff level agreement for the next interest based loan tranche, upon fulfillment of IMF conditions. The IMF conditions include an increase of Rs. 350 billion in taxes through a mini-budget, an increase of Rs 4 per liter in the Petrol Development Levy (PDL) […]