Oil and Gas Development Company Limited has received another significant payment under the government’s circular debt reduction programme after Power Holding Private Limited transferred ₨7.725 billion ...
The Nation (PK) on MSN
NA panel concerned over growing burden of circular debt, slow pace of reforms in SOEs
National Assembly Standing Committee on Finance and Revenue on Monday expressed concern over the growing burden of circular debt, the slow pace of reforms in state-owned enterprises and the rising ...
Pakistan's energy sector has continued to operate under the persistent shadow of circular debt. Around the start of the fiscal year, the amount stood close to Rs1.7 trillion for the power sector and ...
The Nation (PK) on MSN
GOVT set to finalise deals with remaining IPPs by June to cut circular debt
The federal government is set to finalise deals with the remaining independent power producers (IPPs) by June 2026 to reduce circular debt (CD). It will also resolve a dispute with KE, currently under ...
Pakistan has just cleared another International Monetary Fund (IMF) review, and on paper the news looks good. Growth is back, inflation has come down from painful highs, and the country has even ...
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