Tag Archives: ‘Unrealistic’ circular debt management plan revised

ISLAMABAD: The power division conceded on Thursday its earlier path to circular debt reduction was unrealistic, as the previous projection for the ongoing fiscal year was underestimated by Rs450 billion and required higher tariff increases than anticipated. Based on revised estimates, the Cabinet Committee on Energy (CCoE) approved a revised circular debt management plan (CDMP) that would need about Rs2.17 …

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