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.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Amazon to cut 9,000 more jobs

It emerged that Amazon, the world’s largest online retailer, would lay off…

Dollar ascends to Rs209 in interbank trade

The dollar proceeded with its ascent against the Pakistani Rupee on Friday,…

Dollar continues to slump against Rupee

Karachi: On Thursday, the Pakistani rupee continued to gain territory against the…