Reuters reveals Pakistan finance minister to seek deferred payments for Qatari LNG - Reuters News Agency
Energy

Reuters reveals Pakistan finance minister to seek deferred payments for Qatari LNG

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.

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
Pakistan
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