Pakistan declared a three-day public holiday starting March 13 due to petrol and diesel shortages, leaving roads in Islamabad unusually quiet. The fuel supply disruption risks near-term GDP loss from halted economic activity, significant strain on transport and logistics, and potential upward pressure on energy import bills and inflation. Monitor government emergency measures, import actions or subsidy adjustments that could affect fiscal balances and regional fuel markets.
Pakistan declared a three-day public holiday starting March 13 due to petrol and diesel shortages, leaving roads in Islamabad unusually quiet. The fuel supply disruption risks near-term GDP loss from halted economic activity, significant strain on transport and logistics, and potential upward pressure on energy import bills and inflation. Monitor government emergency measures, import actions or subsidy adjustments that could affect fiscal balances and regional fuel markets.
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