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Govt will issue Rs200b Sukuk-II to ease power sector circular debt

ISLAMABAD: Pakistan is likely to issue another Rs200 billion ‘Pakistan Energy Sukuk-II’ after Eid (third week of August) to resolve the country’s power sector’s ballooning circular debt issue, official of the Ministry of Finance said on Monday. For this purpose to …Read more





Pakistan to issue Rs200bn sukuk to ease power sector debt

Officials say that the Pakistan government is set to issue another Rs200bn Pakistan Energy Sukuk-II in May to resolve the power circular debt Officials said the upcoming fund would be used to ease out liquidity crunch the energy sector is
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Govt to borrow Rs200b to retire circular debt

ISLAMABAD The government on Tuesday decided in-principle to borrow Rs200 billion pledging public properties with six banks to pay back nearly 30 of circular debt in a move that is expected to only temporarily ease financial woes of the power sector
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Govt to launch Rs200bln second Sukuk to ease power debt

Officials told The News that the government is to issue another Rs200 billion Pakistan Energy Sukuk-II in May to resolve the power sectors ballooning circular debt The bond will be floated on the Pakistan Stock Exchange under over-the-counter
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Govt to bring circular debt to zero by Dec 20 Omar Ayub

Omar Ayub says crackdown on power theft launched asks consumers to help identify thieves the will for improvement in the power sector Instead he added they had left behind Rs650bn circular debt for the PTI government including Rs450bn built
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Pakistan to issue Rs200bn sukuk to ease power sector debt

Officials here say that the government is to issue another Rs200bn Pakistan Energy Sukuk-II in May to resolve the power to reduce circular debt Officials said the upcoming fund would be used to ease out liquidity crunch the energy sector is
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Govt can float Sukuk to raise funds for housing programme

Most recently the federal government of reducing circular debt in the energy sector as eliminating the circular debt which has piled up to Rs14 trillion is a key part of ongoing bailout talks with the IMF Since coming to power in August 2018
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