The gas sector in Pakistan, which was relatively stable until 2013, has since faced the substantial challenge of circular debt. Understanding the reasons behind this accumulation and devising ...

At present, circular debt of the power sector stands at around Rs2.46 trillion. There is now an added element to the circular debt that belongs to the gas sector, which is another Rs1.5 trillion.

ISLAMABAD: The government and commercial banks are reportedly inching towards a viable deal on Rs 1.23 trillion loan to resolve power sector Circular Debt (CD) of which Rs 5.23 billion will be fresh ...

ISLAMABAD: Despite massive repetitive price shocks to consumers and countrywide drive against theft and billing defaults, the World Bank has found power and gas circular debts increasing by an average ...

Circular debt, a term that has become synonymous with Pakistan's energy sector, refers to the cascading cycle of non-payments throughout the energy supply chain. This phenomenon has been a persistent ...

ISLAMABAD, Jan. 27 -- Pakistan's power sector circular debt rose by Rs75 billion in the first half of the current fiscal year despite significant capital injections and large-scale commercial ...