Energy experts note that countries with strategic petroleum reserves are better positioned to absorb external shocks, stabilize domestic fuel markets, and ensure continuity of supply during emergencies
Power Minister Awais Leghari took notice of the issue after it surfaced during a stock-taking exercise involving distribution companies and the market operator
Adviser to the prime minister on industries Haroon Akhtar Khan said the new auto policy is at an advanced stage and will be submitted to the prime minister and cabinet before being made public
The ministry added that Pakistan plans to continue diversifying its borrowing sources, including potential future issuance of Sukuk and other international bonds, as part of its external financing strategy
The episode has reignited debate over compensation practices within autonomous regulators in Pakistan, particularly at a time of fiscal stress and public calls for tighter control over state spending
The situation remains fluid as diplomatic efforts continue behind the scenes amid heightened military and economic tensions in the region
In parallel, the government is coordinating with other partner countries under government-to-government agreements to secure reasonably priced fuel supplies
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