Tag: CIRCULAR DEBT
IHC tells Finance Ministry to stay clear from AGP
Rana’s petition asserts that finance minister wants to replace Rana with a favourite officer over an audit involving billions of rupees paid to IPPs...
PPP wants circular debt payments made public
The Pakistan People’s Party (PPP) on Saturday reiterated its call for making public the details of the Rs 480 billion payment made to settle...
KESC claims Rs 77b in circular debt still owed by govt
The Karachi Electric Supply Company (KESC) refuted the government’s claim that the latter had paid its entire circular debt, stating that the federal and...
Dar vows to take steps for economic stability
Finance Minister Ishaq Dar on Sunday vowed to take steps for bringing economic stability in the country.
In an interview‚ he said an aggressive plan...
Circular debt to be cleared as promised, says Dar
Minister for Finance and Revenue Ishaq Dar on Friday reiterated that the government would clear the circular debt before the deadline of August 20,...
Circular debt to be cleared in 60 days: Dar
Finance Minister Senator Ishaq Dar on Tuesday said the efforts to ensure improvement in the energy sector had been launched and the government would...
How I Met My Budget – explaining the circular debt
Every morning I wake up, go for a walk and on my way back pick up a newspaper from my local stand. As soon...
Circular debt most potent threat to economy: PEW
The Pakistan Economy Watch (PEW) on Sunday asked the government to resolve issue of inter-corporate circular debt in the power sector which has become...
Total expansion in debt, liabilities increases 7.2pc
The share of the domestic component was 76.3 percent of total expansion in debt and liabilities during first five months of current fiscal year...
Let there be light…
But for how long?
The prophets of doom were predicting a highly gloomy picture of the power situation at the beginning of the year. It...
A hike again?
The long and short of it
The prime minister has decided to take a leaf out of the Raja Ashraf manual: giving a deadline which...
Two crises
Gas and power
When it rains, it pours. The readers should brace themselves for two varieties of load shedding. First, gas and now, electric power....
RPPs’ value
Electricity crisis in Pakistan is a severe challenge for the whole population. Not only regular consumers but industries have been affected resulting in heavy...
Solution to the power crisis
The electricity crisis in Pakistan is a severe challenge. It has severely affected the economy and overall standards of living. Extended duration of loadshedding...
PSO enters critical stage
The next couple of months will be crucial for Pakistan State Oil (PSO) as the government has declared its intent to ease the circular...
