Pakistan Signs Rs1.275 Tr Financing Deal to Ease Power Debt
Pakistan Signs Rs1.275 Tr Financing Deal to Ease Power Debt Today, Pakistan’s government is finalizing a landmark financing agreement of Rs1.275 trillion with a consortium of 18 commercial banks. The purpose is to reduce the mounting circular debt in the power sector, shifting the repayment burden to electricity consumers via a surcharge, rather than increasing … Read more