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Tag: circular debt

Circular debt in energy sector rises to Rs5.5tr, WB urges further reforms

Circular debt in energy sector rises to Rs5.5tr, WB urges further reforms

Musadik promises to keep Rs2310 billion circular debt in check

Musadik promises to keep Rs2310 billion circular debt in check

Energy sector circular debt hits record Rs5.73tr despite tariff hikes

Energy sector circular debt hits record Rs5.73tr despite tariff hikes

Govt to devise plan to reduce Rs2.3tr circular debt

Top News Updates

Govt to devise plan to reduce Rs2.3tr circular debt

Govt disburses Rs62.75 bn to 17 IPPs in a move to lower circular debt

Top News Updates

Govt disburses Rs62.75 bn to 17 IPPs in a move to lower circular debt

Circular debt goes up to record levels despite tariff increase

Top News Updates

Circular debt goes up to record levels despite tariff increase

Circular debt build-up for July-Apr down by Rs189bn in current FY: Asad Umar

Circular debt build-up for July-Apr down by Rs189bn in current FY: Asad Umar

Power Division submits plan to tackle rising circular debt, tariff

Power Division submits plan to tackle rising circular debt, tariff

Circular debt to remain over Rs1.1tr by 2023

Circular debt to remain over Rs1.1tr by 2023

Pakistan Business Council urges govt to renegotiate IMF deal

Pakistan Business Council urges govt to renegotiate IMF deal

Circular debt to reach Rs2.8tr in next four months, NA panel told

Circular debt to reach Rs2.8tr in next four months, NA panel told

Circular debt rising by Rs45bn per month, NA panel told

Circular debt rising by Rs45bn per month, NA panel told

Power sector’s circular debt likely to swell to Rs2,587bn till June

Power sector’s circular debt likely to swell to Rs2,587bn till June

Import of costly LNG to hit masses, double circular debt: PEW

Import of costly LNG to hit masses, double circular debt: PEW

Heavy outstanding dues likely to choke up power sector, FPCCI warns

Heavy outstanding dues likely to choke up power sector, FPCCI warns

Energy sector circular debt soars to Rs2.3tr

Energy sector circular debt soars to Rs2.3tr

Power sector circular debt makes massive 0.5tr jump

Power sector circular debt makes massive 0.5tr jump

Circular debt in gas sector rises to Rs250bn: minister

Circular debt in gas sector rises to Rs250bn: minister

Over Rs538bn added to circular debt in FY20, Senate body told

Over Rs538bn added to circular debt in FY20, Senate body told

Omar Ayub vows to control circular debt, reduce power tariff

Omar Ayub vows to control circular debt, reduce power tariff

New deal signed with IPPs to cut cost of power generation: PM

New deal signed with IPPs to cut cost of power generation: PM

Power Division set to clear circular debt through Rs200bn Sukuk

Power Division set to clear circular debt through Rs200bn Sukuk

ECC asks energy ministry to explain Sukuk disbursement method

ECC asks energy ministry to explain Sukuk disbursement method

Poor circular debt handling cost exchequer Rs4,082bn over 13 years

Poor circular debt handling cost exchequer Rs4,082bn over 13 years

Circular debt reduced to Rs12bn per month, Senate body told

Circular debt reduced to Rs12bn per month, Senate body told

No circular debt after Dec 2020, vows finance adviser

No circular debt after Dec 2020, vows finance adviser

Govt mulls issuing interest-bearing bonds to reduce circular debt

Govt mulls issuing interest-bearing bonds to reduce circular debt

Businessmen propose bond swap for circular debt

Businessmen propose bond swap for circular debt

Power sector a major challenge for the government, needs revival: Nepra

Power sector a major challenge for the government, needs revival: Nepra

Pakistan to challenge $6.2bn Reko Diq penalty: minister

Pakistan to challenge $6.2bn Reko Diq penalty: minister

Govt to surpass 2.4pc growth target, says finance adviser

Govt to surpass 2.4pc growth target, says finance adviser

Govt plans to bring down circular debt to Rs225bn by December

Govt plans to bring down circular debt to Rs225bn by December

Pakistan's circular debt stands at Rs795bn, PAC told

Pakistan's circular debt stands at Rs795bn, PAC told

'Govt to overcome circular debt by Dec 2020'

'Govt to overcome circular debt by Dec 2020'

'Circular debt to be brought down to Rs225bn by Dec'

'Circular debt to be brought down to Rs225bn by Dec'

Govt issues Rs200bn 'Pakistan Energy Sukuk'

Govt issues Rs200bn 'Pakistan Energy Sukuk'

Pakistan may turn to Islamic banks for second $1.4 billion loan: official

Pakistan may turn to Islamic banks for second $1.4 billion loan: official

Pakistan to take another $1.4 billion loan to curb power sector arrears

Pakistan to take another $1.4 billion loan to curb power sector arrears

Measures put in place to control hike in internal & external debt: Hammad Azhar

Measures put in place to control hike in internal & external debt: Hammad Azhar

ECC approves export of 0.5m tonnes of surplus wheat

ECC approves export of 0.5m tonnes of surplus wheat

PSO faces severe financial crunch, as Rs200 billion bond issuance delayed

PSO faces severe financial crunch, as Rs200 billion bond issuance delayed

Pakistan reiterates commitment to energy sector reforms

Pakistan reiterates commitment to energy sector reforms

Moody’s seeks details about external loans for Pakistan’s annual sovereign rating review

Moody’s seeks details about external loans for Pakistan’s annual sovereign rating review

Govt mulls decreasing electricity, gas distribution deficit

Govt mulls decreasing electricity, gas distribution deficit

PSO receivables balloon to Rs345 billion

PSO receivables balloon to Rs345 billion

IMF seeks increase in revenue collection without bringing in new measures

IMF seeks increase in revenue collection without bringing in new measures

Circular debt mounting as govt fails to inject cash

Circular debt mounting as govt fails to inject cash

Inject Rs400b into power sector for avoiding shutdown of power plants, says Senate panel

Inject Rs400b into power sector for avoiding shutdown of power plants, says Senate panel

ECC likely to approve Rs2 per unit hike in electricity prices

ECC likely to approve Rs2 per unit hike in electricity prices

What is the PTI’s energy game plan?

What is the PTI’s energy game plan?

Govt to pay back Rs50bln in circular debt

Govt to pay back Rs50bln in circular debt

Circular debt parked in PHPL surged 454pc to Rs582 billion since 2008

Circular debt parked in PHPL surged 454pc to Rs582 billion since 2008

Total circular debt looming at Rs1,188bn, ECC told

Total circular debt looming at Rs1,188bn, ECC told

ECC to take up circular debt, impact on power sector in first meeting

ECC to take up circular debt, impact on power sector in first meeting

Two RLNG based power plants face shutdown, as outstanding dues swell to Rs30 billion

Two RLNG based power plants face shutdown, as outstanding dues swell to Rs30 billion

Circular debt surges to Rs1080b from Rs106b in 2008

Circular debt surges to Rs1080b from Rs106b in 2008

Nepra saddled by additional Rs112 billion circular debt in FY17

Nepra saddled by additional Rs112 billion circular debt in FY17

Commercial banks refuse to lend Rs50 billion to PHPL for decreasing circular debt

Commercial banks refuse to lend Rs50 billion to PHPL for decreasing circular debt

Country's circular debt soars to Rs521b, Senate told

Country's circular debt soars to Rs521b, Senate told

Slippage in billing collection and other factors causing rise in circular debt

Slippage in billing collection and other factors causing rise in circular debt

Rs180bn loan adjusted through consumer tariff

Rs180bn loan adjusted through consumer tariff

Senate special committee on circular debt calls for alternative energy sector facilitation

Senate special committee on circular debt calls for alternative energy sector facilitation

Circular debt rose Rs40 billion since start of June

Circular debt rose Rs40 billion since start of June

Previous government approved surcharges to pay off power sector liabilities

Previous government approved surcharges to pay off power sector liabilities

Circular debt falls to Rs499 billion

Circular debt falls to Rs499 billion

PML-N led govt failed to stabilise economy, says FPCCI

PML-N led govt failed to stabilise economy, says FPCCI

Circular debt touches staggering levels, crosses Rs1 trillion

Circular debt touches staggering levels, crosses Rs1 trillion

PML-N’s performance review contrary to claims

PML-N’s performance review contrary to claims

Circular debt in power sector touches Rs573 billion

Circular debt in power sector touches Rs573 billion

ECC permits Rs50 billion loan for decreasing circular debt

ECC permits Rs50 billion loan for decreasing circular debt

NTDC can’t challenge international arbitration ruling in local courts

NTDC can’t challenge international arbitration ruling in local courts

Circular debt in power sector threatening entire financial system: Report

Circular debt in power sector threatening entire financial system: Report

Energy sector's circular debt soars to Rs500 bn, govt to pay off Rs100 bn

Energy sector's circular debt soars to Rs500 bn, govt to pay off Rs100 bn

Pakistan’s circular debt surpasses Rs935 billion

Pakistan’s circular debt surpasses Rs935 billion

Power sector receivables jump 10 percent, touch Rs 805 billion

Power sector receivables jump 10 percent, touch Rs 805 billion

Finance ministry to contribute Rs53 billion to pay off circular debt

Finance ministry to contribute Rs53 billion to pay off circular debt

Govt contemplating to resuscitate disbanded PEPCO

Govt contemplating to resuscitate disbanded PEPCO

AGP office unwilling to conduct pre-audit of Rs80b circular debt payment

AGP office unwilling to conduct pre-audit of Rs80b circular debt payment

Govt decides to re-levy three surcharges on power consumers

Govt decides to re-levy three surcharges on power consumers

Energy sector debt out of control

Energy sector debt out of control

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

Disco’s recoveries fall, as circular debt crosses Rs750 billion

Disco’s recoveries fall, as circular debt crosses Rs750 billion

Government reimposes electricity surcharge, as circular debt soars

Government reimposes electricity surcharge, as circular debt soars

Circular debt breaks all barriers, touches record Rs922 billion

Circular debt breaks all barriers, touches record Rs922 billion

Circular debt: Govt planning to clear power sector arrears yet again

Circular debt: Govt planning to clear power sector arrears yet again

Inefficiencies, admin losses of power sector be cut down to address circular debt: PM

Inefficiencies, admin losses of power sector be cut down to address circular debt: PM

PSO’s receivables balloon to over Rs300 billion

PSO’s receivables balloon to over Rs300 billion

Parliamentary panel gives govt two weeks to clear its stance on circular debt

Parliamentary panel gives govt two weeks to clear its stance on circular debt

IPPs payables rise to Rs205 billion

IPPs payables rise to Rs205 billion

Circular debt exceeds Rs750b, as power sector faces liquidity crunch

Circular debt exceeds Rs750b, as power sector faces liquidity crunch