austerity plan

Pakistan to unveil austerity plan on Monday as Middle East conflict drives oil price surge

Pakistan to unveil austerity plan on Monday as Middle East conflict drives oil price surge

  • The development follows an increase of Rs55 ($0.20) per liter in prices of petrol and diesel in Pakistan this week
  • PM Shehbaz Sharif promises ‘maximum relief’ to people as soon as ‘this difficult phase passes’ and economy stabilizes
By Waseem Abbasi ·