Pakistan to shut markets and restaurants early to save power amid economic crisis | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

Pakistan will shut markets and restaurants early to save power amid an economic crisis.

Pakistan’s economic woes show no signs of letting up in 2023. The South Asian nation announced a new energy conservation plan Tuesday as its fragile economy continues to struggle with multiple challenges. The government has ordered all markets to close by 8.30 pm and restaurants by 10 pm, according to a tweet by its ruling party. These measures will help the country save 62 billion Pakistani rupees , the post added.

The announcement comes at a time when Pakistan’s foreign exchange reserves have dwindled to alarmingly low levels. In December, Pakistan’s total liquid foreign exchange reserves stood at $11.7 billion, which is half the amount it held at the start of last year, according to the central bank. The country’s finances are also suffering because of differences with The International Monetary Fund over a review process, which has delayed the release of a $1.1 billion bailout tranche.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How do you find this decision, . Any opinnion?

👍🏻

Everyone speaks mentally they listen and we listen we transmit images and we live for that (meditating is the answer) more info contact Todo el mundo habla mentalmente escuchan y escuchamos transmitimos imágenes y resivimos por aquello (meditar es la respuesta) más info contacta

The store is called Hitler...

This photo from an Arabian gulf market, not Pakistan.

The same evil mantra

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Five political trends that could make 2023 a momentous year | CNN PoliticsRepublicans' take over of the House this week will usher in a two-year political era that threatens to bring governing showdowns and shutdowns as a GOP speaker and Democratic president try to wield power from opposite ends of Pennsylvania Avenue. MehdiMohammadiFard , 18 y/o, was arrested by the security forces of the IR regime in Noshahr, Iran. He has been sentenced to death twice, on charges of 'Corruption on Earth' and 'Moharabe: waging a war against God..Please be his voice __ MahsaAmini StCollinson You all keep that trump saga alive, cuz the RATS have nothing…. You are building his base, keep it up! MehdiMohammadiFard , 18 y/o, was arrested by the security forces of the IR regime in Noshahr, Iran. He has been sentenced to death twice, on charges of 'Corruption on Earth' and 'Moharabe: waging a war against God..Please be his voice MahsaAmini
Source: CNN - 🏆 4. / 95 Read more »

Japan's emperor wishes for 'peaceful' 2023 in first live New Year address since pandemic began | CNNJapanese Emperor Naruhito greeted well-wishers at the Imperial Palace in Tokyo for the first time in three years on Monday, reviving an annual New Year tradition that was paused during the Covid pandemic. Very good.
Source: cnni - 🏆 326. / 59 Read more »

The most anticipated Broadway shows opening in 2023 | CNNFrom a puppet-heavy adaptation of 'Life of Pi' to a revival of 'Sweeney Todd,' these are some of the Broadway plays and musical we're most excited about this year. But why does the hyperlink alluding to Sondheim’s darkest works not point to Assassins, the musical that’s literally about presidential assassinations? lilnilagirl If they come with woke agenda and LGBTQ,etc. Not going, no wonder so many closings
Source: CNN - 🏆 4. / 95 Read more »

Best diet for 2023 is the science-backed Mediterranean style of eating | CNNFor the sixth year in a row, the Mediterranean diet has won the coveted gold medal as this year's best overall diet in rankings released Tuesday by U.S. News & World Report. please stop promulgating industries that destroy ecosystems and our environment. FireLouisDeJoy But but but are we talking real tuna or subway tuna🥴
Source: cnni - 🏆 326. / 59 Read more »

Dallas business in 2023: Our look ahead at real estate, inflation, aviation, jobs and moreDallas-Fort Worth’s economy was once heavily weighted by real estate and finance. Now we’re an eclectic assortment of traditional fare to oddball specialties....
Source: dallasnews - 🏆 18. / 71 Read more »

The ERC application window will start to close in 2023 - Phoenix Business JournalThe Employee Retention Credit could mean thousands of dollars for small businesses, but 2023 will be an important year for those looking to maximize the tax credit. Here's why.
Source: phxbizjournal - 🏆 254. / 63 Read more »