Fuel crisis feared in Pakistan as petroleum cargo stuck amid Sindh government tax dispute
KARACHI: A potential nationwide fuel shortage looms after a sudden move by the Sindh government to reinstate a 100% bank guarantee requirement under the Infrastructure Development Cess (IDC), causing petroleum cargo to be held up at ports. According to industry representatives, the Sindh government has reactivated the cess — originally imposed in 1994 — following…
