Gilani directs Finance Minister to resolve circular debt issue

ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani on Friday asked the Minister for Finance Dr. Abdul Hafeez Sheikh to hold meetings with all the stakeholders and resolve the circular debt issue.

The Prime Minister gave this direction in a meeting with the Secretary Petroleum Imtiaz Qazi and MD PSO Irfan Qureshi here at the PM House.

Gilani directed the Finance Minister to discuss the issue and to come up with a solution after holding meetings with the Secretaries of Petroleum, Water and Power and Railways at the earliest.

The Secretary Petroleum briefed the Prime Minister about circular debt issue and the energy supply and demand situation, with a particularly reference to the gas supply in the country.