The government explores the conversion of circular debts into general debts to reduce the customs tariff – Trendy Blogger

The government explores the conversion of circular debts into general debts to reduce the customs tariff

 – Trendy Blogger

IslamabadThe government is considering a proposal to convert circular debts in the energy sector into general debts as part of the efforts made to reduce the electricity tariff by 3.37 rupees per unit. As part of the plan, the government also intends to restructure $ 16.26 billion in debts associated with various energy projects, such … Read more

The Ministry of Power is seeking urgent release of support worth Rs 400 billion to reduce circular debt – Trendy Blogger

The Ministry of Power is seeking urgent release of support worth Rs 400 billion to reduce circular debt

 – Trendy Blogger

The Ministry of Energy issued an urgent appeal to release 400 billion rupees in support by the end of December to prevent a slide in circular debt management, a key goal agreed with the International Monetary Fund. News I mentioned. So far, the Finance Ministry has released only 82 billion rupees out of 1,229 billion … Read more