The Power Division on Monday denied media reports claiming circular debt increased by Rs224 billion between July and November 2025. Officials called the reports misleading, saying they lacked updated data and failed to consult the ministry. The division said seasonal debt fluctuations are normal and expected to normalize by the fiscal year’s end. The ministry […]
energy sector debt
Pakistan seeks $4.47 billion loan to tackle energy debt crisis
Pakistan’s government is negotiating a 1.25 trillion rupee ($4.47 billion) loan with commercial banks to tackle its mounting energy sector debt. Power Minister Awais Leghari confirmed that the loan, a key part of the IMF-backed economic reforms, will be repaid over 5 to 7 years. The initiative aims to stabilize the power sector and improve […]