Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FileRestriction on private imports to remain until Middle East stabilises.Private OMCs must get NCMC approval to import high-speed diesel.Step introduces oversight to manage volumes foreign…
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SBP keeps interest rate unchanged in year’s first policy announcement
The logo of the State Bank of Pakistan is pictured on a reception desk at the bank’s head office in Karachi. — Reutrs/FileCentral bank holds policy rate at 10.5% for next two months.Cash Reserve Requirement for banks to be reduced to 5%: SBPInflation to peak for few months during…
Fuel dealers seek govt intervention as artificial diesel shortage hits pumps
A petrol pump in the federal capital seen in this undated image. — Online/FileDealers say some companies delivering small amounts of diesel.Fuel pumps running dry and unable to serve customers: dealersDealers also complain of cancellation of orders after placement.
Fuel…