Oil and Gas Development Company Limited has received another significant payment under the government’s circular debt reduction programme after Power Holding Private Limited transferred ₨7.725 billion ...

Pakistan’s power sector circular debt saw a sharp decline in FY25, but the relief proved short-lived as liabilities surged by ...

Pakistan’s deepening energy crisis and rising burden of circular debt are the result of years of flawed policy decisions, ...

He said Pakistan managed the difficult period without adding a single rupee to the circular debt in the oil supply chain, ...

A 0.3 cent per unit tariff dispute in 2004 killed a Thar coal project that could have solved Pakistan's energy crisis ...

Pakistan, May 16 -- Pakistan's circular debt in the energy sector has climbed to Rs5,206 billion, highlighting continued financial stress in the country's power and gas systems, according to the ...

Pakistan’s gas sector is no longer facing a temporary imbalance. It has entered a structural decline. The continued failure ...

Pakistan’s energy sector circular debt has surged to Rs. 5.206 trillion, with the gas sector accounting for Rs. 3.442 ...

KARACHI (Reuters) -Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in its power ...

Pakistan has assured the IMF that electricity and gas tariffs will continue to rise under a full cost recovery model linked ...

Pakistan's circular debt in the power and gas sectors has surged to Rs5.206 trillion. According to the IMF's third review under the Extended Fund Facility (EFF) and second review under the Resilience ...