Tag: Muhammad Aurangzeb

Federal Cabinet Approves Record Financial Scheme to Clear Power Sector Circular Debt

Pakistan’s federal cabinet, led by Prime Minister Shehbaz Sharif, has endorsed the largest-ever financial intervention aimed at resolving the chronic Rs 1.275 trillion circular debt in the country’s power sector. This landmark plan proposes six-year refinancing of power sector liabilities without adding pressure to the national budget. Key components include: Prime Minister Sharif described the decision as […]

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