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Pakistan's business leaders warn that a gas price hike could threaten the country's export goals by 2027.
The Pakistan Business Council (PBC) has alerted Prime Minister Shehbaz Sharif that the recent gas price hike for in-house power plants could jeopardize the country's $60 billion export target by 2027.
The cost of gas will rise to $15 per million British thermal units (mmBtu) from $8.8, making exports less competitive.
Over 50% of Pakistan's exports come from gas-fueled plants, and this increase could deter investment and growth in manufacturing.
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Los líderes empresariales de Pakistán advierten que un aumento de los precios del gas podría amenazar los objetivos de exportación del país para 2027.