Circular debt reaches Rs5.73tr
Despite constant increases in electricity and gas prices, Pakistan’s energy sector circular debt has spiralled alarmingly to a record Rs5.73 trillion—an amount Rs1.5 trillion more than what the International Monetary Fund had been informed of two months ago.
Official documents reveal that as of the end of November, the power sector had crossed over Rs2.7 trillion. Additionally, the gas sector circular debt also surged over Rs3 trillion, bringing the total unfinanced debt to Rs5.73 trillion.
Read more: https://tribune.com.pk/story/2453386/circular-debt-reaches-rs573tr
