The idea of early market closures is under serious consideration as Pakistan looks for ways to manage its growing energy crisis. Officials say the proposal is part of a wider plan to reduce fuel use and ease pressure on the economy.
Federal Minister for Petroleum Ali Pervaiz Malik shared that national leadership recently discussed early market closures in a high-level meeting. Leaders from all four provinces took part and reviewed different steps to cut energy consumption. If approved, markets across the country may close earlier than usual.
He added that wedding halls and restaurants would still be allowed to operate until 10pm. The plan aims to balance business activity with the need to save energy during difficult times.
The push for early market closures comes as global oil markets remain unstable. Tensions in the Middle East have disrupted supply routes and increased fuel prices. These changes have directly affected Pakistan’s economy and raised concerns about long-term energy availability.
The government has already taken several steps, including fuel price adjustments and conservation plans. Officials say more tough decisions may follow as the situation develops. The minister warned that the country must prepare for financial challenges in the coming months.
In this context, Finance Minister Muhammad Aurangzeb is expected to hold important talks with the International Monetary Fund and the World Bank next week. Pakistan will present its economic situation and seek support to manage the ongoing pressure.
The minister also highlighted support from the United Arab Emirates, which has maintained financial deposits in Pakistan during this period. He said the country is ready to meet its obligations if any loans are called back.
On the energy front, local gas fields have stepped in after supply issues from Qatar. They are now providing significant output to help stabilise the system and avoid major disruptions.
Meanwhile, a proposal for a nationwide smart lockdown did not move forward after provinces raised objections. Officials believe coordination between federal and provincial governments remains key in handling the crisis.
The government has also asked provinces to share responsibility in funding a large relief package, stressing that a joint effort is needed to deal with rising economic and energy challenges.