Government of Pakistan has announced a progress in the country’s energy sector, which has successfully resolved the rupee. Through a historic reorganization agreement, $ 1.225 billion in circular debt, which has no additional burden on electricity consumers.

According to the Ministry of Finance, the historic agreement was obtained in the Ministry of Energy, the State Bank of Pakistan, the Pakistan Bank Association, and the partnership of 18 partner banks, through an integrated effort by the Prime Minister’s Task Force. RS in Organization. 660 billion and RS in current loans. 565 billion fresh financing to clear the payments to power generators.

Significantly, officials emphasized that the loan resolution will not result in a new compensation for consumers. Payments will be made using a already tax receiving surcharge. 3.23 per unit, ensuring that the public is not asked to shoulder any additional expenditure as a result of the contract.

The agreement also features Rs 660 billion in independent guarantees, which will liberate liquidity for key sectors such as agriculture, small and medium -sized businesses, housing, education and health care. It is expected that the move will promote economic activity and support in important areas for Pakistan’s development.

Federal Minister for Finance and Revenue, Senator Mohammad Aurangzeb, welcomed the success as a decisive step towards financial discipline, investment confidence, investor confidence, and restoration of long -term stability. He presented success to collective leadership, technical skills and strong cooperation between public and private institutions.

The government’s ability to resolve circular loans without imposing new expenses on consumers, while simultaneously converting resources into priority sectors, has been described as a model to tackle Pakistan’s structural challenges with innovation and unity. The Ministry of Finance confirmed its commitment to balance financial stability, which requires a lot of energy sector reforms, signed a new era of responsible governance and economic flexibility.



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