Readings in Pakistans Energy Challenges

Edited by Afia Malik

in PIDE Books from Pakistan Institute of Development Economics

Abstract: Energy is the driving force behind economic growth, but Pakistan has grappled with energy-related issues since its inception. Pakistan, an economy worth US$ 376 billion with a population of around 230 million, relies on imports for 49 percent of its primary energy supplies. It strains its already limited foreign exchange reserves of US$7.7 million (as of October 20, 2023). In FY2023, Pakistan spent US$17 billion on energy imports (excluding coal imports). From a geo-economic perspective, heavy energy imports and global market volatility constantly threaten Pakistans economic and energy security.

Date: 2024 Written 2024 Originally published 2024.
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