Resolving circular debt

Expensive loans and soaring stocks of debts - domestic and external - are some of the key hallmarks of the present government. The five years of the current PML-N rule have immensely added to country's indebtedness. Coming out of its slumber, it has decided to work out another plan to clear energy sector's circular debt which is hovering around Rs 525 billion mark; it has soared immensely due to continuous poor performance of power sector despite creation of new ministry by clubbing together Power Division and Petroleum Division.
This step is clearly aimed at brightening the prospects of PML-N in the upcoming general elections. The government move, however, begs the question: "What's next?"