The federal government has formally planned to collect Rs 10,780 billion from citizens through petroleum surcharges over the next five years, official documents reveal.
The government has shared this revenue collection plan with the International Monetary Fund (IMF), committing to strict implementation and consistent tax recovery targets annually.
Under the confirmed plan, total petroleum levy collection from 2021 to 2031 will cumulatively reach Rs 16,273 billion, placing a heavy financial burden on citizens.
The government intends to impose an additional burden equivalent to 1.2 percent of GDP on citizens every year as part of this agreed and documented revenue strategy.
For the upcoming budget of 2026-27, the government has set a petroleum surcharge collection target of Rs 1,727 billion, according to official documents.
This annual target is expected to rise to Rs 1,915 billion in the following financial year, before reaching Rs 2,637 billion by the financial year 2030-31.
In the past five years alone, the federal government has already collected Rs 4,493 billion from citizens specifically under the name of petroleum levy charges.
During the current financial year, the petroleum levy target was set at Rs 1,468 billion, but actual collections are now projected to reach Rs 1,546 billion.
The levy collection figures show consistent yearly growth, starting from Rs 128 billion in 2020-21 and reaching Rs 580 billion by 2022-23.
Collections further increased to Rs 1,019 billion in 2023-24 and then climbed significantly to Rs 1,220 billion during the financial year 2024-25.
