circular debt
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707Power sector circular debt rose by Rs 139 billion to Rs 2.419 trillion during 4MFY22
Pakistan’s circular debt, during the first half (July – October) of the fiscal year 2021-2022, has increased by Rs 139 billion. In...
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671
Govt mulls new plan to bring down circular debt by Rs 300-400 billion
The government is planning to initiate a scheme to decrease the routine of the circular debt by announcing dividends for the shareholders...
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510
Food circular debt of Punjab jumps to Rs 560 billion
Punjab’s food sector circular debt has risen to a staggering Rs 560 billion, equal to the Annual Development Programme for the year 2021-22. The...
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399
Pakistan to allocate Rs 330 billion for power subsidies during the next fiscal year
The Ministry of Finance is expected to allocate Rs 330 billion for power subsidies, equivalent to 60% of the estimated needs of the next...
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482
Circular debt to remain over Rs 1.1 trillion by 2023
The Circular Debt Management Plan (CDMP) would be presented to the federal cabinet during the current week for approval and implementation. The power...
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579
IPPs unconvinced by govt plan for circular debt settlement
Independent power producers (IPPs) have turned down the payment plan offered by the government for partial settlement of their dues by doling...
