Power Division Blames Finance Ministry as Pakistan Circular Debt Rises to Rs1.675 Trillion
The Power Division attributes a Rs61 billion increase in power sector circular debt to a Rs98 billion budget deduction enforced by the Ministry of Finance during the fiscal year.
Pakistan State Oil Receivables Surge to Nine Hundred Eight Billion Rupees
Pakistan State Oil faces worsening liquidity challenges as outstanding receivables climb to nine hundred eight point seven billion rupees led by SNGPL dues.
Auditor General Exposes Lahore Electric Supply Company Failure to Curb Rising Circular Debt
An official performance audit reveals LESCO failed to execute its debt management strategy, driving its total circular debt past 378 billion rupees.
Pakistan Initiates Comprehensive Climate Policy Overhaul Amid Intensifying Monsoon Projections
Pakistan launches an extensive climate policy framework spanning green finance, renewable energy transition, and infrastructure safeguards to counter escalating ecological risks.
Pakistan and IMF Finalize Strict Fiscal Targets for 2026 Budget to Secure Economic Stability
Pakistan commits to a Rs2.8 trillion primary surplus and a $5.6 billion reserve boost in a landmark fiscal agreement with the IMF to stabilize the national economy.
OGDCL Secures Tenth Circular Debt Installment of Rs 7.725 Billion to Boost Energy Sector Liquidity
Oil and Gas Development Company Limited receives its tenth monthly installment under the government circular debt settlement plan improving cash flow and financial stability.
Pakistan Banking Sector Injects Rs235 Billion to Stabilize Power Sector Liquidity
Major Pakistani banks including Meezan, HBL, and NBP deploy Rs235 billion into the CPPA to manage circular debt and power sector cash flow constraints.
Power Division Reports Rs1,837 Billion Circular Debt as Operational Efficiency Improves
The Power Division clarifies that the current circular debt of 1,837 billion rupees is a temporary fluctuation, with inefficiencies declining by 48 billion rupees this fiscal year.
OGDCL Receives Ninth Interest Installment of Rs7.25 Billion Under Circular Debt Plan
Oil and Gas Development Company Limited confirms receipt of the ninth interest installment from Power Holding Limited as part of the government’s settlement plan.
IMF Rejects Pakistan’s Request to Freeze 15% Gas Levy on Captive Power
The IMF denies Pakistan’s proposal to exempt efficient industrial units from the 15% gas levy, insisting on higher costs to push industries toward the national grid.