debts

The government agrees to the power reforms led by the International Monetary Fund, including the high tariff and the transfer of debts to CPPA-G – Trendy Blogger

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The government agrees to the power reforms led by the International Monetary Fund, including the high tariff and the transfer of debts to CPPA-G – Trendy Blogger

The government has adhered to a new set of energy sector reforms under its agreement with the International Monetary Fund (IMF), including routine tariff adjustments, stopping new benefits, and transferring circular debt shares to the CPA-G. These measures aim to stabilize the sector and ensure debt sustainability. According to a report issued by the business … Read more

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

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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

SIFC -backed reforms aim to reduce the debts of the gas sector by 71 billion rupees annually – Trendy Blogger

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SIFC -backed reforms aim to reduce the debts of the gas sector by 71 billion rupees annually – Trendy Blogger

The Special Investment Equipment Council (SIFC) led the main repairs in the energy sector, enabling private gas companies to reduce the circular debt burden by 71 billion rupees annually, according to the President of Universal Gas Distribution (UGDC) GHIYAS PARACHA. According to a news report, Paracha highlighted that the government is expected to generate 12 … Read more

The International Monetary Fund describes Pakistan’s ability to repay its external debts as fragile – Trendy Blogger

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The International Monetary Fund describes Pakistan’s ability to repay its external debts as fragile – Trendy Blogger

A man walks past the International Monetary Fund logo at its headquarters in Washington, United States, May 10, 2018. — Reuters Pakistan’s ability to repay its debts depends on certain factors: International Monetary Fund. The International Monetary Fund says Pakistan needs to repay $18.8 billion in foreign debt this year. Global Lender Sponsored Program Fully … Read more