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Circular Debt

Circular debt rises to Rs 566bn, Senate told

ISLAMABAD: As the new government is gearing up to take the reins of power, the caretaker government found it indispensable to inform that circular debt of the country has risen to Rs 560 billion. The revelation of the rising circular…

Power load-shedding shoots up as summer begins

KARACHI: The power supply situation has worsened across the country with the beginning of summer. The duration of power load shedding has increased despite the enhanced power generation capacity of the country. The cash-strapped…

Circular debt spirals again

ISLAMABAD: The issue of circular debt is again to have emerged with spiralling increase in governmental dues of Rs 581 billion to the independent power producers, ARY News reported.