Pakistan's gas sector circular debt rises to Rs3.2 trillion - SUCH TV

Pakistan’s gas sector circular debt rises to Rs3.2 trillion – SUCH TV

Pakistan’s gas sector is sinking under a staggering Rs3.283 trillion circular debt, lawmakers were told, as parliamentarians warned that mounting losses at state-run utilities could ultimately collapse the system and further burden consumers. The disclosure before the National Assembly’s Standing Committee on Petroleum triggered sharp criticism and calls for structural reform, including privatisation, of the…

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