Power division pins blame for circular debt on ‘Q Block’

Govt misses target as circular debt jumps by Rs61b to Rs1.685tr in FY2025-26

ISLAMABAD - The federal government missed zero circular debt flow target during the last fiscal year (FY2025-26) as the circular debt witnessed an increase of Rs61 billion during the fiscal year.

Power division pins blame for circular debt on ‘Q Block’

ISLAMABAD: The power division on Tuesday blamed the Ministry of Finance for a Rs61 billion increase in power sector circular debt, which rose to Rs1.675 trillion by June 30 this year from Rs1.614tr a year earlier. “Due to the budget deduction of Rs98bn, the circular debt witnessed an increase of Rs61bn” during FY2025-26, the power division said in a statement. It did not release the end-year financial report, which is pending regulatory and stat…

Power Sector Circular Debt Falls 33% to Rs. 1.614 Trillion in FY2024-25

The Power Division has announced that Pakistan’s energy sector reforms have reduced circular debt by Rs. 779 billion, bringing the total down by nearly 33 percent during the fiscal year 2024-25. According to the Power Ministry, circular debt declined from Rs. 2.393 trillion in FY2023-24 to Rs. 1.614 trillion in FY2024-25, following a series of […] The post Power Sector Circular Debt Falls 33% to Rs. 1.614 Trillion in FY2024-25 appeared first on …