Tag Archives: Circular debt up by Rs538bn in last fiscal year

ISLAMABAD: The power sector’s circular debt increased by Rs538 billion (33.4 per cent) during the fiscal year ending on June 30, or at an average rate of about Rs45bn per month. This was observed during a meeting of the Senate Standing Committee on Power presided over by Senator Fida Muhammad Khan on Thursday. The government had been claiming that it …

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