Pakistan: Circular debt doubles despite regular increase in electricity prices

Aug 21, 2021

Islamabad [Pakistan] August 21 : A report from the Pakistan Ministry of Energy showed that circular debt has almost doubled in the last three...

Despite Imran Khan's promise to reduce circular debt to zero, Pakistan adds Rs 498 billion in FY21

Jul 04, 2021

Islamabad [Pakistan], July 4 : The continuous increase in the flow of the circular debt during the third year of Imran Khan's Tehreek-e-Insaf (PTI)...

Pakistan: Circular debt hits CPEC power projects

May 09, 2021

Islamabad [Pakistan], May 9 : Pakistan's flagship CPEC power projects are hit by the circular debt and the Imran Khan government has failed to...

Pakistan's competitiveness lost amid swelling circular debt, capacity payments

Jan 28, 2022

Islamabad [Pakistan], January 28 : Pakistan has lost its competitiveness manifold due to swelling circular debt and capacity payments which are causing a dent...

Pak: Inefficient power plants worsening circular debt crisis, report says

May 16, 2024

Titled 'Circular Debt Reduction Is Possible In a Single Click to Save Pakistan from Financial Catastrophe and Destabilisation,' the report highlights the deliberate non-use...

Pakistan: Shehbaz Sharif govt haunted by circular debt crisis

Apr 12, 2022

Islamabad [Pakistan], April 12 : The new Prime Minister of Pakistan is under tremendous pressure due to surging oil prices caused by the Russia-Ukraine...