ISLAMABAD: Pakistan State Oil (PSO) is likely to receive Rs30 billion to reduce the circular debt of the energy sector on the International Monetary...
ISLAMABAD: Following the International Monetary Fund's (IMF) condition, Pakistan has released Rs140 bln to the government-run power plants to address circular debt in the...
ISLAMABAD: The circular debt of Pakistan’s power sector has soared to Rs 2611 billion till October 2023, ARY News reported on Monday.
As per details,...
ISLAMABAD: The caretaker government has made its first contact with the International Monetary Fund (IMF), citing sources ARY News reported on Wednesday.
The Ministry of...
ISLAMABAD: The federal government has decided to reduce gas sector circular debt on the demand of the International Monetary Fund (IMF), ARY News reported...
ISLAMABAD: Pakistan has assured International Monetary Fund (IMF) to increase electricity prices in the current FY2023-24 to control increasing circular debt of the power...
The Ministry of Energy sought Rs 1.54 trillion from the ruling government to settle the power sector's circular debt, ARY News reported on Friday.
According...
ISLAMABAD: The federal government has prepared a strategy to reduce circular debt of Pakistan following the conditions tabled by International Monetary Fund (IMF) to...
ISLAMABAD: The International Monetary Fund (IMF) has expressed concern over the circular debt in the gas sector of Pakistan, citing sources, ARY News reported...
ISLAMABAD: The circular debt of Pakistan's energy sector has crossed an alarming level of Rs4,177 billion, ARY News reported on Tuesday, citing sources familiar...
ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) leader and Energy Minister Khurram Dastgir has said that the circular debt of the power sector has reached...
ISLAMABAD: Federal Minister for Power Hammad Azhar on Friday announced that the Economic Coordination Committee (ECC) has approved a financial mechanism for government-owned IPPs,...
Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired a meeting of the Economic Coordination Committee (ECC) of the cabinet on Wednesday.
Newly appointed Minister for Planning and Development Asad Umar on Saturday said that circular debt was the major challenge for the incumbent government.