Pakistan gives assurance to IMF on power sector’s circular debt
Pakistan assures IMF to manage power sector's circular debt at Rs2.31 trillion, presenting details before the Senate Standing Committee for Power. The government has pledged to maintain the debt and recover funds, with a focus on promoting solar energy projects to shift from expensive fuel for power production. Circular debt has reached Rs2.6 trillion by October 2023. Source: News. - Khabristan.PK