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Business

Reuters
Jun 20, 2025

Pakistan signs $4.5bn loans with local banks to ease power sector debt

Meezan Bank, HBL HBL, National Bank of Pakistan and UBL were among the banks participating in the deal

Latest

Reuters
Mar 07, 2025

Govt nearing $4.4b loan with banks to ease power sector debt

The government plans to reduce circular debt this year by eliminating government-guaranteed debt and moving to a revenue-based system.

Business

Web Desk
Aug 09, 2024

China reaffirms support for Pakistan’s energy reforms, economic development

High-ranking officials from Pakistan, including Finance Minister Muhammad Aurangzeb and Minister for Power Sardar Awais Ahmad Khan Leghari, engaged in discussions with Chinese authorities regarding the energy sector.

Business

Web Desk
May 23, 2024

Pakistan’s power sector circular debt soars to Rs2.635 trillion

Pakistan’s power sector circular debt has escalated by Rs325 billion during the initial seven months of the ongoing fiscal year, spanning from July to January 2024.