Circular debt grows by Rs498b in FY21 Govt plans to reduce debt by increasing power tariffs and addressing inefficiencies ISLAMABD: The government added Rs498 billion to the flow of circular debt in the last fiscal year due to less provision of subsidies against commitments and increased cost of inefficiencies, showed documents of the energy ministry. However, the government claimed adding a net Rs177 billion in the circular debt in fiscal year 2020-21 that ended on Wednesday on back of increase in electricity prices and reduction in the stock of the debt, according to a summary that the energy ministry submitted before the Cabinet Committee on Energy.