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…
New gas tariff and circular debt
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,…
Circular debt – short-term remedies
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 debts
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 — I
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…
Controlling circular debt
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…
How to control circular debt
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.…
Spiralling circular debt
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 circular debt challenge
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…
Fbr’s circular debt!
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…
