Circular debt will level off this year

[ziaulislam]

 

[VCheng]

An "expectation" is not yet reality. BTW, interesting to see the word "expects" missing from the title.

 

[Path-Finder]

this scam called circular debt and ipp needs to be killed. enough of these scams and these deals.

 

[313ghazi]

Hope to see a big change in this situation by the end of the 5 year term. We need a government who will implement long term plans, not just election cycle to election cycle.

 

[Sulman Badshah]

circular debt was around 1300 billion Rupees when New govt got into power ...

 

[Tom M]

Well then who is taking the loss??

 

[ziaulislam]

Well then who is taking the loss??

basically LNG and cheaper coal has replaced 50% of furnace oil production plus Pakistan made hydro further cheaper(30% of production) by devaluation the currency also decreased the line losses by 2% by end of this year

Hope to see a big change in this situation by the end of the 5 year term. We need a government who will implement long term plans, not just election cycle to election cycle.

And ?.. A new govt can destroy an economy in 1 month if it resorts to corruption ..was there circular debt pia or steel mills loses in 2008...NO
Were there the above in 1998.. yes..

Lesson..just wait till they come back in power

 

[VCheng]

circular debt was around 1300 billion Rupees when New govt got into power ...

I suspect this statement of an expectation is just to position the negotiations with IMF better, without any real underlying changes to the dynamics that created the problem in the first place.

 

[New World]

why should we pay for theft and line losses..

go and fck those WAPDA, PEPCO,LESCO, SESCO, HESCO, KE's line men and SDO's who allow these theft to fill their fat belly.

 

[Clutch]

An "expectation" is not yet reality. BTW, interesting to see the word "expects" missing from the title.

Hindutvas will always underestimate Pakistan and Pakistanis

 

[VCheng]

Hindutvas will always underestimate Pakistan and Pakistanis

But "expectation" is an English word, and the title change is a violation of PDF's own rules.

 

[koolio]

I think the biggest problem that adds to circular debt is power theft and line losses, until those are not tackled the problem will persist, I am sure GOP is working in that direction to curb power losses through theft and also to upgrade power lines.

 

[nahtanbob]

what is circular debt ? Is it borrowing one loan to payoff another ? Or is anything more to this ?

 

[Tom M]

basically LNG and cheaper coal has replaced 50% of furnace oil production plus Pakistan made hydro further cheaper(30% of production) by devaluation the currency also decreased the line losses by 2% by end of this year

Sounds good. But practically someone will have to take some loss for circular debts to end. I guess here the government (especially the power ministry if any) will absorbe some losses to end this bad cycle.

what is circular debt ? Is it borrowing one loan to payoff another ? Or is anything more to this ?

To put it simple A owe money to B and B owe money to C and C in turn owe money to A. Hope you understood.

 

[nahtanbob]

Sounds good. But practically someone will have to take some loss for circular debts to end. I guess here the government (especially the power ministry if any) will absorbe some losses to end this bad cycle.



To put it simple A owe money to B and B owe money to C and C in turn owe money to A. Hope you understood.

if A == B == C there is no problem
i take it they are not equal