Pakistan is transitioning to a daily fuel pricing mechanism, moving from weekly adjustments to deregulate the sector and enhance market responsiveness. Petroleum Minister Ali Pervaiz Malik held consultations with stakeholders, emphasizing a transparent, formula-based process aligned with market fundamentals. This cabinet-approved reform aims to reduce political intervention and ensure fair pricing. The shift to market-driven fuel prices could influence inflation expectations and potentially impact USD/PKR stability in Pakistan.
بحوالہ / Source: www.brecorder.com