Tag: CIRCULAR DEBT

--PM’s adviser says govt expects to generate Rs800bn in non-tax revenues --Says overall CAD reduced by 73pc due to considerable increase in exports --Says circular debt...

ISLAMABAD: Reiterating government firm commitment to bring reforms in power sector including indiscriminate action against power pilferers and recovery from defaulters, Minister for Power Division...

--Federal cabinet all set to approve strategy to rid power sector of whopping Rs807 billion circular debt today --Clear Net Hydel Profit claims of all...

HARIPUR: Federal Minister for Power Omar Ayub Khan here Tuesday said the government was taking revolutionary measures for the eradication of poverty and for bringing...

--Power minister says country's debt has reached Rs29k billion in last five years ISLAMABAD: Minister for Power Division Omar Ayub Khan on Friday said that the...

Power shortfall increases to 5,000MW owing to generation limitations, financial constraints NTDC puts blame on DISCOs for ongoing spell of load shedding Experts...

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said that despite low oil prices, the circular debt has crossed the mark of Rs1,000 billion emerging...

Says SSGC ordered to restore gas supply to KE, resolve dispute within 15 days KARACHI: Prime Minister (PM) Shahid Khaqan Abbasi on Monday announced an...

  The total circular debt on power generation companies swelled to Rs 337.7 billion in the current fiscal year, out of which Rs 180 billion...

  WAPDA has failed to recover outstanding dues amounting to Rs 233 billion from the defaulters so far despite tall claims by the Ministry of...

Pakistan has a medium risk of default over five years 77 per cent of the country’s $124 billion budget for the year is earmarked for...

  The Public Accounts Committee (PAC) on Thursday termed the payment of Rs 480 billion in circular debt to power generating companies as illegal and...

Says this is the biggest mega corruption scandal of the PML-N government; Report details illegal payments made to power companies; The Auditor General of Pakistan...

With Pakistan State Oil (PSO) whining for money and the government struggling with setting the ever-stagnant circular debt in motion, the countrymen’s quantum of agitation is rising with each passing day as they line up at arid petrol stations across the country with their dried up vehicles in search for their daily dose of ‘liquid gold’.

ICCI members warn of economy slump due to rising power load shedding because of riding circular debt The Islamabad Chamber of Commerce and Industry (ICCI)...

State Minister for Water and Power Chaudhry Abid Sher Ali on Thursday informed the senate standing committee on water and power that circular debt...