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Pakistan releases billion rupees to power plants on IMF condition

Following the International Monetary Fund’s (IMF) condition, Pakistan has released Rs.140 bln to the government-run power plants to address circular debt in the energy sector. As p

Pakistan releases billion rupees to power plants on IMF condition

Following the International Monetary Fund’s (IMF) condition, Pakistan has released Rs.140 bln to the government-run power plants to address circular debt in the energy sector. As per details, Pakistan has to slash the circular debt of the energy sector by Rs.400 billion during FY2023-24 as per the International Monetary Fund’s condition.

 

Hafsa Mustafa

Journalist

Staff correspondent covering Business and national affairs for Pakistan Times Today.

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Pakistan releases billion rupees to power plants on IMF condition | Pakistan Times Today | Pakistan Times Today