Pakistan’s total revolving debt has reached the highest level in the country’s history at Rs. 238 billion.
The government of Pakistan is in arrears of Rs 1150 billion for WAPDA, thermal, nuclear, and private power plants.
The private sector owes the most Rs 509 billion while agricultural tube wells owe Rs 283 billion. Similarly, the federal and provincial governments owe Rs 249 billion while K Electric owes Rs 137 billion.
According to sources in the Ministry of Energy, the volume of revolving loans is increasing by Rs 50 billion per month.