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ISLAMABAD:Pakistan expects the debt being built up within its power sector to level off this year and start falling, the power minister said, outlining measures to shore up confidence and attract foreign investors.Vast Chinese investment has helped reduce power outages, lifting economic growth, but years of mismanagement has led to accumulated power sector payment arrears, or circular debt, ris jordan low ing to Rs1.4 trillion ($10.1 billion).Economists fear the rising circular debt will further widen Pakistan s fiscal deficit, a key part of ongoing bailout talks with the International Monetary Fund (IMF).Power Minister Omar Ayub Khan said the decision t nikeaire o hike electricity tariffs, which kicked in at the start of January, would stop the sharp rise in power debt.Govt to borrow Rs400b from banking consortium All of a sudden, after January 1, you have a levelling off of the circular debt, because the new tariff has kicked in, Khan said on Tuesday.Built into the adidas gazelle bold donna tariff is an extra cost that will allow Grod Indian firm Bollywood s Akshay Kumar to launch tactical mobile game after PUBG ban
ISLAMABAD:Federal Minister for Industries, and Production and Natio nike air max 95 nal Food Security, red sambas Rana Tanveer Hussain, has announced that the government will import 200,000 metric tonnes of urea to ensure an unint adidas ladies samba errupted supply to farmers.
ISLAMABAD:Pakistan expects the debt being built up within its power sector to level off this year and start falling, the power minister said, outlining measures to shore up confidence and attract foreign investors.Vast Chinese investment has helped reduce power outages, lifting economic growth, but years of mismanagement has led to accumulated power sector payment arrears, or circular debt, ris jordan low ing to Rs1.4 trillion ($10.1 billion).Economists fear the rising circular debt will further widen Pakistan s fiscal deficit, a key part of ongoing bailout talks with the International Monetary Fund (IMF).Power Minister Omar Ayub Khan said the decision t nikeaire o hike electricity tariffs, which kicked in at the start of January, would stop the sharp rise in power debt.Govt to borrow Rs400b from banking consortium All of a sudden, after January 1, you have a levelling off of the circular debt, because the new tariff has kicked in, Khan said on Tuesday.Built into the adidas gazelle bold donna tariff is an extra cost that will allow Grod Indian firm Bollywood s Akshay Kumar to launch tactical mobile game after PUBG ban
ISLAMABAD:Federal Minister for Industries, and Production and Natio nike air max 95 nal Food Security, red sambas Rana Tanveer Hussain, has announced that the government will import 200,000 metric tonnes of urea to ensure an unint adidas ladies samba errupted supply to farmers.