Pakistan braces for fuel shortages amid liquidity crisis2 min read . Updated: 31 Jan 2023, 03:01 PM IST
- Pakistan typically meets more than a third of its annual power demand using imported natural gas, prices for which shot up following Russia's invasion of Ukraine
Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating payments for imports due to depleting foreign exchange reserves, traders and industry sources said.
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