Pakistan's Finance Minister Muhammad Aurangzeb told AFP the country has procured enough energy supplies to last through November and is now planning for winter. He said Pakistan has so far withstood the shock from soaring energy prices caused by the Iran war, but attacks on infrastructure in Saudi Arabia and other Gulf countries are worrying for its longer-term outlook. Aurangzeb said Pakistan would avoid buying costlier spot LNG cargoes unless absolutely necessary, and warned that continued infrastructure damage would delay the return to normalcy. He also pointed to rising tax revenues, efforts to curb sales tax theft, and resistance to reforms from industry and vested interests. He also met IMF's Jihad Azour to review progress on revenue, inflation, growth and the current account.
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Read the original on tribune.com.pk ↗
Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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