No more gas circular debt buildup?
Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the past successive political governments failed to implement it. Increases in…
Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the past successive political governments failed to implement it. Increases in…
Finally, much-awaited new gas tariff has been announced by government under negotiations with the International Monetary Fund (IMF). The increase is up to 12-112% in various gas tariff slabs. Earlier,…
The circular debt (CD) emerged as a perpetual menace ever since the Independent Power Producers (IPPs) surfaced on the power generation landscape of the country in the mid-1990s. Over the years, it…
Circular debt number 1: Electricity. Pakistan’s economic security is the organic dimension of our national security. The foundation of our economy is the power sector. It is the power sector…
Circular debt issue is getting more serious by the day. Worse has yet to come with the installation of new capacity while demand continues to stagnate. There are projections that…
he circular debt issue is getting more serious by the day and the worst has yet to come with the installation of new capacity while demand continues to stagnate. There…
It was recently reported that the PM has asked the Ministry of Finance and the Power Division to reduce circular debt without increasing the tariff, and handle the capacity charges.…
The spiralling circular debt has become a headache for the government and is a ticking time bomb that can explode any time, destroying the already disturbed economic growth cycle. Circular…
The menace of circular debt was first recognised in 2008, which was at Rs 108 billion. Thereafter, each year, as the state governance particularly country's energy sector, deteriorated the circular…
The Finance Minister of Pakistan has at last admitted that Federal Board of Revenue (FBR) has a debt of Rs 200 billion-refunds blocked to show higher collection aimed at hoodwinking…