Government plans to restructure Pakistan's gas sector, with the World Bank reviewing the reform plan and potential financing.
2 reports, 2 independent
Updated Aug 5
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What happened
Government plans to restructure Pakistan's gas sector, with the World Bank reviewing the reform plan and potential financing.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Pakistan is facing severe economic challenges, requiring bailouts from the IMF and relying on World Bank data and financing from Saudi Arabia.Also in this story
- Pakistan managed external financing requirements and rolled over $5 billion in debt for three years.
- Pakistan seeks IMF programs to unlock World Bank loans while the World Bank examines the NFC Award for financial viability.
The entities involved
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Sui Northern Gas Pipelines Limited
Pakistani Gas Company
Nothing else this week.
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Pakistan
sovereign state in South Asia
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World Bank
international financial institution
Related events
- IMF proposes conditions for gas sector debt reduction with Pakistan.
- Ministry of Petroleum manages fuel supply and discusses pricing reforms with dealers' association in Pakistan.
- Consultations were held regarding refinery policy amendments in Pakistan, with the Prime Minister expected to decide the policy future.
- Developments include India's water control affecting Pakistan's economy, a new gas pipeline deal between PPP and Iran, and the role of a Field Marshal in national development.
- Pakistan's government is seeking to reform the power distribution sector while implementing an IMF-backed economic stabilisation programme.