Pressure on Pakistan due to rising oil prices, Shahbaz Sharif’s country preparing to plead before IMF

The deteriorating security situation in West Asia is now affecting Pakistan’s economy as well. Pakistan’s Finance Minister Mohammad Aurangzeb has said that due to the current crisis, the country’s monthly oil import bill may increase to around $600 million. In view of rising prices and supply crisis, the government is also working on alternative plans….

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