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Web Desk Karachi
Feb 24, 2025

Government negotiates Rs1,240 billion loan to tackle circular debt crisis

Once the term sheet is completed, the government plans to borrow from banks for a seven-year period, which will be repaid by electricity consumers through a current debt servicing surcharge of Rs3.23 per unit incorporated into the tariff.

Government negotiates Rs1,240 billion loan to tackle circular debt crisis

Pakistan mourns the passing of former Qatari Emir Sheikh Hamad bin Khalifa Al Thani

Punjab Police intensifies crackdown against drug dealers, thousands arrested this year

KP raises police budget to Rs191bn, major allocations for CT-depart measures

FM phones Araghchi as US-Iran strikes threaten ongoing peace efforts

Weather Update: Rain brings relief to Islamabad, Lahore as KP braces for more showers