FOOLS_NIGHTMARE
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Circular debt soars to Rs2.327 trillion in 2020-21
Report by power division notes an increase of Rs177bn in circular debt during 2020-21 compared to Rs541bn surge in fiscal 2019-20.
www.dawn.com
Inaction may double circular debt, says PM’s aide
Inaction may double circular debt, says PM’s aide
The amount has already risen by more than 100pc under PTI govt.
www.dawn.com
A HARD PILL TO SWALLOW; Circular debt to touch Rs. 4,000 billion by 2025 for Pakistan
www.globalsolarcouncil.org
Circular debt can rise from Rs2,219bn to 4,000bn by 2025: study
The economy can face a tremendous setback if the circular debt in the power sector spirals out of control, increasing from Rs2,219 billion to Rs4,000 billion until 2025, said a study conducted by Engro Corporation.The study, titled...
www.geo.tv
All that the Pakistanis see is a regular cheap talk by the ministers for the last few years, nothing tangible has been achieved so far. The burden of mounting circular debt will be dropped on the ravaged consumer with no results and high load shedding.