Tag Archives: Circular debt has risen to Rs1.4tr

ISLAMABAD: Circular debt, which stood at Rs1.14 trillion during the term of the previous government, has now increased to Rs1.4 trillion. The energy sector’s circular debt has reached Rs1,362 billion mark, of which Rs755bn is of the Power Holding Company Limited and Rs607bn of Standby Term Finance Facility loans. This was said by Power Division Secretary Irfan Ali while briefing the Public …

Read More »