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Tag Archives: Gas sector circular debt crosses Rs532bn

Gas sector circular debt crosses Rs532bn


July 10, 2021

KARACHI: The circular debt in the gas sector has grown to more than Rs532 billion as the twin Sui companies fail to make payments to their suppliers on account of poor cash flows. Owing to the inordinate delay in the publication of financial accounts by the two gas companies, the exact figure for the sector’s circular debt is unavailable. But …

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