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Pakistan spending 66 per cent of forex on fuel imports

Lahore [Pakistan], November 6 (ANI): Amid surging energy prices worldwide due to the Russia-Ukraine war and deteriorating economy due to inflation and its depreciating currency, Pakistan is forced to spend 66 per cent of its forex reserve on fuel imports.
Pakistan is currently spending approximately USD 21.43 billion annually on fuel imports, which is about 66 per cent of its total foreign exchange reserves, reported The