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Tag Archives: IMF

Relentless circular debt in energy sector

Relentless circular debt in energy sector

Currently, Pakistan’s circular debt stands at a whopping Rs1.4 trillion, which includes the loans accumulated by previous governments. The alarming source of this burden is the persistent IOUs that keep piling up among all the stake holders in the energy …

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Electricity price misery

Electricity price misery

Increased population growth rate causes increased energy requirements in Pakistan which is growing rapidly. The present Government of Pakistan has focused to ensure accessibility and security of sustainable supply and delivery of energy service along with the development of natural …

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Post Budget 2019 – a gloomy picture

Post Budget 2019 – a gloomy picture

Trying to stabilize the uncertain economic conditions of the country, the PTI government has set an ambitious tax revenue targets in the first full-year budget for Rs7,022 billion, for fiscal year 2019-20. Despite a massive Rs1.405 trillion tax plan, the …

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