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Searched Tag: pak economic crisis

The circular debt is described as that owed by the government to the independent power producer (IPPs), which produce electricity and sell it to the government for onward transmission to the public and industry

Debt-hit Pak signs ₹1.2-tn finance deal with banks

September 25, 2025, 05:50 PM - 3 min read

In what is being described as the largest restructuring deal, Pakistan has signed a finance deal worth ₹1.2 trillion with a consortium of 18 banks to ease of some of its burgeoning power sector debt

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