Why Fuel Prices in Pakistan Remain High Despite Global Oil Decline
By Amir Saeed ISLAMABAD– The government’s revenue policies and currency depreciation keep the fuel prices elevated, preventing the benefits of lower global oil prices from reaching the consumers and exacerbating the economic challenges. Talking to WealthPK, Uzma Aftab, macroeconomic analyst at the Policy Research and Advisory Council (PRAC), highlighted that the fuel prices in Pakistan ...