The government is considering reducing the number of working days a week in public offices to reduce fuel consumption.
According to Dawn.com, the government hopes to save up to $2.7 billion annually through this practice.
Pakistan’s total oil imports during the first ten months of this fiscal year (July-April) have gone past $17 billion, showing a massive 96 percent growth compared to the same period last fiscal year.
The surge, the experts say, is not because of the rising oil prices in the international market alone, as the country’s import of petroleum products and crude have also increased by 24 percent and 1.36 percent, respectively.
As per the report, the State Bank has prepared three different scenarios through which the government can save an annual foreign exchange ranging between $1.5 to $2.7 billion.
