Pak govt mulls possibility of reduced working days to conserve fuel
The cash-strapped Pakistan government is examining the possibility of conserving fuel by reducing the number of working days, a move by which it is hoping to save an estimated USD 2.7 billion in foreign exchange, a media report said on Monday. The estimates are based on three different scenarios in terms of working days and fuel conservation prepared by the State Bank of Pakistan for foreign exchange savings of USD 1.5 billion to USD 2.7 billion. Pakistan’s total oil imports for the first 10 months (July-April) of the current fiscal year (FY22) have surged beyond USD 17 billion, displaying a massive 96 per cent growth compared to the same period in the last fiscal year, a report said. Prime Minister Shehbaz Sharif chose to increase working days from five to six days a week which had an additional burden in the form of higher electricity and petroleum consumption.
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2022-05-24T07:00:00.0000000Z
2022-05-24T07:00:00.0000000Z
https://news.dtnext.in/article/282226604340120
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