Page 35 - Circular Debt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Dr. Shahab Qureshi I have written this article purely to analytically assess and provide conclusions, with the intention to help policy makers

Imran Khan govt to raise power tariff amid increasing IMF debt ANI | Updated: Jan 15, 2021 11:14 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. It will be increasing the power tariff by (Pakistani Rupee) Rs 1.90 per unit to revive the stalled IMF loan programme under the USD 6 billion Extended Fund Facility (EFF), top official sources told The News International. The government has proje...

Govt offers Rs450b to IPPS to clear circular debt Proposes to make payment to 47 companies over a period of one year ISLAMABAD: The federal government has offered a package to the independent power producers (IPPs) in a bid to clear Rs450 billion circular debt, which has plagued the entire energy chain. The circular debt in the power sector stood at Rs2.3 trillion by end June 2020 against Rs1.6 trillion during the same period in 2019. The circular debt in the oil and gas sector stands at Rs1.6 trillion. The IPPs are also facing circular debt which overdue receivables had increased to around R...