The government has taken difficult decisions to ensure macroeconomic stability, with Minister for Petroleum Ali Pervaiz Malik calling for long-term integrated planning to combat the critical challenge of circular debt.
Addressing an annual technical conference in the capital today, the minister warned that sustainability cannot be achieved without effectively tackling this persistent issue.
He termed energy security as fundamental to the economic stability, industrial growth, and national resilience of Pakistan. Mr Malik emphasised the need to adopt a clear, decisive, investor-friendly, and forward-looking policy regime in response to technological shifts, rising demand intensity, and fluctuations in the global market.
He affirmed that the administration will take every possible step to safeguard the interests of investors operating within the country”s oil and gas sector.