Oil Marketing Association of Pakistan (OMAP) requests PM Shehbaz Sharif for release of Rs26bn to compensate industry's loss due to foreign exchange mechanism flaws.

Oil Marketing Association of Pakistan (OMAP) requests PM Shehbaz Sharif for release of Rs26bn to compensate for industry's loss due to flaws in foreign exchange gain/loss recovery mechanism. Industry accumulates unrecovered exchange losses of Rs26bn. OMAP warns of potential industry collapse and urges prompt action to safeguard it.

July 20, 2024
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