Categories: Business

Pakistan to revise fuel prices daily; current account slips into $139 million FY26 deficit

Pakistan will now revise fuel prices daily due to volatile global oil markets. This change aims to increase transparency in fuel pricing mechanisms for consumers. The nation also reported a current account deficit after experiencing a surplus last year. Efforts are underway to boost domestic energy production and attract foreign investment. However, petrol pump owners have rejected the new deregulation policy and threatened protests.

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2 months ago

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