Reuters revealed that Pakistan will seek a deferred payment plan for liquefied natural gas bought under long-term deals with Qatar, as Islamabad faces a balance of payments crisis and falling foreign exchange reserves. Pakistan unveiled a 2022-23 budget last Friday aimed at fiscal consolidation as it tries to convince the International Monetary Fund to restart much-needed financial support. But the lender has expressed concerns over the numbers, including its current account deficit.
Energy
Reuters reveals Pakistan finance minister to seek deferred payments for Qatari LNG
11 June 2022, 5:20 pm. 1 minute
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Asia
Countries: Pakistan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
More of Reuters Best
Reuters exclusively reports Indian sugar mills to close early as rain hits cane supply; sugar futures jump; shares fall
January 29, 2023
Reuters reveals that India may peg gross borrowing under 16 trillion rupees in 2023/24
January 27, 2023