Govt injects Rs200b subsidy to tackle power sector circular debt woes

The Ministry of Finance disbursed a subsidy of Rs200 billion to the financially strained power sector, aiming to address the growing issue of circular debt, which had escalated to Rs2.7 trillion based on the latest estimates.

Following the clearance of this amount, the remaining circular debt in the power sector is anticipated to be approximately Rs2.5 trillion by the end of December 2023.

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News Source: profit.pakistantoday.com.pk