The supply of petrol and diesel in the country saw an artificial shortage at a few stations across the country as petrol pumps started hoarding oil & diesel in an anticipation of a fuel price hike on the 1st of February. The expected hike is on the back of a record devaluation of the rupee […] The post Artificial Petrol Shortage: Pumps Hoarding In Anticipation Of Hike appeared first on The Friday Times - Naya Daur.
It has been almost a year and things at the political and economic front still remain volatile. While two provincial assemblies have been dissolved, the IMF programme is still not revived but it seems that the government, having exhausted all its option, has finally succumbed to the global lender’s demands. Monetary tightening alongside administrative measures […] The post Mounting Debt And Lack Of Alternatives Calls For A Debt Restructuring Of Pakistan’s Economy. But Would It Be Possible? appeared first on The Friday Times - Naya Daur.