Shane
SENIOR MEMBER
- Joined
- Sep 2, 2007
- Messages
- 5,459
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Come on man, you could have done better than this.Its simple as long as all other 3 provinces don't pay their bills and steal electricity, circular debt will keep increasing. Keep blaming Sharif for things which is out of his control.
Looks like an excuse out of Abid Sher Ali's Marhab loving political desk.
Power utility bill collection under "Discos" (distribution companies) across Pakistan stands at nearly 90% my dear.
The main cause is Mismanagement...and it's off-set at the expense of AWAM is:
Letting Circular debt increase to repeat a payoffs scam like Ishaq Dar managed in 2013.
Matlab panchon ghee maen aur sar karhai maen.
Mismanagement i.e. Line losses and Government Subsidy, delayed payments and collection target miscalculations, including provincial and federal entities.
Mismanagement as in subsidy announced by federal government on top of Nepra determined tariff. Bakvas Sharif regularly overruled calculated tariffs often without regard to any balance of payment formulas.
Result: Amassing circular debt that looks like a gold mine to distribute among Mian Manshas of Sharifs at the end of the term just like they did at the beginning