Dar vows to settle gas circular debt

Published December 30, 2022
Finance Minister Ishaq Dar speaks in a video message from Washington, US, Oct 15. — DawnNewsTV/File
Finance Minister Ishaq Dar speaks in a video message from Washington, US, Oct 15. — DawnNewsTV/File

ISLAMABAD: Minister for Finance Ishaq Dar on Thursday directed the committee constituted for settlement of circular debt in the gas sector to finalise its report within three working days to resolve the issue.

Mr Dar issued the directive while presiding over a meeting on reforms in the energy sector at the Finance Division here. The committee members briefed the meeting on circular debt in the gas sector and presented proposals to offset the burden.

The finance minister emphasised the priority of the government to address issues confronting the energy sector, including circular debt, to bring financial sustainability to the sector and economic growth in the country.

Special Assistant to the Prime Minister on Finance Tariq Bajwa, Finance Secretary Ashfaq Yousuf Tola and senior officers from the finance and petroleum divisions attended the meeting.

Published in Dawn, December 30th, 2022

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...