circular debt

Islamabad, July 5, 2025: The overall debt of the federal government increased by 12.3% YoY to Rs76.05 trillion in May 2025, compared to Rs67.73tr in May 2024, the data released by …

The federal cabinet, led by Prime Minister Shehbaz Sharif, has approved a landmark circular debt restructuring plan to eliminate Rs. 1,275 billion in debt from the power sector over six …

Islamabad, May 19, 2025: Pakistan has pledged to wipe out its circular debt stock, amounting to Rs. 2.4 trillion, equivalent to 2.1% of the national GDP by the close of …

Islamabad: The Economic Coordination Committee’s (ECC) decision to reallocate Rs50 billion from the Public Sector Development Programme (PSDP) to the Power Division marks a significant policy shift, reflecting the government’s …

Islamabad, Apr 16, 2025: In a significant move to stabilize Pakistan’s troubled power sector, the Central Power Purchasing Agency-Guaranteed (CPPA-G) is finalizing term sheets with 18 local commercial banks to …

Islamabad, April 03: IMF team will visit Pakistan from tomorrow, April 4, to prepare the budget for the next fiscal year. An IMF delegation will visit Pakistan from tomorrow to …

ISLAMABAD, March 15: The government of Pakistan, along with commercial banks, is reportedly moving toward a potential agreement on a Rs 1.23 trillion loan aimed at resolving the power sector …

ISLAMABAD, March 15: An IMF mission, led by Nathan Porter, and Pakistan reached at a new arrangement of Resilience and Sustainability Facility (RSF) which would provide it additional resources. The Fund …

Islamabad, Mar 7, 2025: The federal government has successfully secured a deal with commercial banks to borrow Rs. 1.25 trillion at an interest rate below 11%. This initiative aims to …

Subsidies KARACHI: Finance Minister Muhammad Aurangzeb emphasized that the International Monetary Fund (IMF) does not oppose subsidies outright but rather advocates for targeted subsidies to be increased. Addressing misconceptions during …