Search For "circular debt"
Updated : 2 months, 1 week ago IST
Islamabad [Pakistan], April 20 (ANI): Pakistan Finance Minister Miftah Ismail on Wednesday revealed that the former premier Imran Khan's helicopter commute from his Bani Gala home to the PM secretariat cost the national exchequer 550 million Pakistani rupees in three years and eight months,
Updated : 2 months, 2 weeks ago IST
Islamabad [Pakistan], April 12 (ANI): The new Prime Minister of Pakistan is under tremendous pressure due to surging oil prices caused by the Russia-Ukraine conflict and is haunted by the circular debt crisis.
Updated : 4 months, 2 weeks ago IST
Islamabad [Pakistan], February 12 (ANI): The Imran Khan government like its predecessors has not been able to stop Pakistan's power sector from continuously bleeding cash as the country's circular debt of the power sector has been gathering girth since 2007, and to date, all the regimes t
Islamabad [Pakistan], February 11 (ANI): Pakistan Tehreek-e-Insaf (PTI) has broken all previous records as the power sector circular debt during its regime reached the highest level of Rs 2,476 billion in the history of the country, local media reported.
Updated : 4 months, 3 weeks ago IST
Islamabad [Pakistan], February 2 (ANI): Pakistan's energy sector circular debt flow is still soaring with an average growth of about Rs 38 billion per month recorded during the first six months (July-December) 2021-22.
Updated : 5 months ago IST
Islamabad [Pakistan], January 28 (ANI): Pakistan has lost its competitiveness manifold due to swelling circular debt and capacity payments which are causing a dent in the economy.
Updated : 10 months, 1 week ago IST
Islamabad [Pakistan] August 21 (ANI): A report from the Pakistan Ministry of Energy showed that circular debt has almost doubled in the last three years in the country despite a regular increase in electricity prices.
Updated : 12 months ago IST
Islamabad [Pakistan], July 4 (ANI): The continuous increase in the flow of the circular debt during the third year of Imran Khan's Tehreek-e-Insaf (PTI) government is against the promises that the ruling party had made to bring the circular debt to zero by December 2020.
Updated : 1 year, 1 month ago IST
Islamabad [Pakistan], May 9 (ANI): Pakistan's flagship CPEC power projects are hit by the circular debt and the Imran Khan government has failed to clear PKR 188 billion due payments in breach of an energy framework agreement with China, The Express Tribune reports.
Updated : 1 year, 5 months ago IST
Islamabad [Pakistan], January 15 (ANI): Despite an outcry by its citizens over massive blackout recently, Imran Khan government on Friday has once again planned to raise the power tariffs amid increasing IMF debt.