Trends - circular debt - Business Recorder

circular debt

Budget deficit reaches Rs5.6trn, NA told

ISLAMABAD: Federal Minister for Energy Khurram Dastgir Khan has said that the budget deficit has reached Rs5.6...

Updated 17 May, 2022 09:47am

Load-shedding challenge: Rs329bn is needed: Power Division

Power Division seeks Rs 108 billion by May 25, 2022

Updated 30 Apr, 2022 10:27am

Opinion

The challenge of power sector circular debt

Power sector circular debt, which is the product of power theft, high losses and other associated factors,...

Published 29 Apr, 2022 05:43am

Dastgir tasked to deal with load-shedding, circular debt

ISLAMABAD: Power Division, has finally got its Federal Minister, Khurram Dastgir Khan, after almost two weeks, ...

Updated 27 Apr, 2022 10:12am

Opinion

Economy: sanity must prevail

Times are tough. The fiscal deficit is slipping, and the circular debt is growing due to growing energy prices...

Published 25 Apr, 2022 05:42am

Failure to buy LNG from spot market: Gas crisis set to simmer in summer

Only eight LNG cargoes will be imported for April against the demand of 12

Updated 13 Apr, 2022 01:51pm

Diversion of LNG to households: PD says circular debt likely to soar to Rs398bn by 2025

Petroleum Division tells parliamentary committee circular debt can be contained only through price rationalisation

Updated 18 Mar, 2022 01:49pm

Editorials

Circular debt continues to snowball

EDITORIAL: Once again the circular debt (CD) returns to the headlines and the government is as blank as ever about...

Updated 05 Mar, 2022 11:44am

Energy sector: Circular debt swells to Rs2.358trn in 7 months

ISLAMABAD: The troubling energy sector’s circular debt has reached Rs2.358 trillion during the first seven months...

Updated 03 Mar, 2022 09:46am

‘Rs5 power tariff cut will be adjusted through budgetary reallocation’

ISLAMABAD: Minister for Energy, Hammad Azhar Monday said reduction of electricity tariff by Rs 5 per unit will be...

Updated 01 Mar, 2022 01:09pm

Pakistan

NA panel approves Rs 172.17bn budgetary proposals of PD

ISLAMABAD: National Assembly Standing Committee on Power Thursday unanimously recommended budgetary proposals of...

Published 18 Feb, 2022 04:31am

Pakistan

PPP says concerned at increase in electricity rates, circular debt

ISLAMABAD: Pakistan People’s Party (PPP) has expressed serious concern over increase in electricity rates and...

Published 13 Feb, 2022 05:48am

Editorials

Cart before the horse

EDITORIAL: The World Bank (WB) hasn’t exactly raised a red flag about shortcomings in the proposed draft Energy...

Published 12 Feb, 2022 05:09am

Agreement with IMF: More hike in electricity base tariff on the cards

ISLAMABAD: The Government is all set to increase electricity base tariff under the agreement with International...

Updated 06 Feb, 2022 09:09am

Opinion

There appears to be no light at the end of the tunnel

It is indeed a matter of grave concern for every Pakistani that country’s energy sector circular debt flow is ...

Published 03 Feb, 2022 04:02am

Circular debt showing Rs33bn monthly growth

ISLAMABAD: Pakistan’s energy sector circular debt flow is still soaring with an average growth of about Rs33...

Updated 03 Feb, 2022 03:40pm

Pakistan

PM urged to help country avert ‘economic collapse’

ISLAMABAD: President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has...

Published 27 Jan, 2022 04:05am

Business & Finance

Circular debt: SNGPL blames fertilizer sector, domestic consumers

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has termed fertilizer industry and domestic consumers as key...

Published 27 Jan, 2022 04:05am

First five months of current fiscal: Circular debt touches Rs2.41trn mark

ISLAMABAD: The country’s circular debt has reached Rs 2.410 trillion mark during the first five months...

Updated 12 Jan, 2022 09:47am

Revised Circular Debt Management Plan: Additional financial cost surcharge for payment of markup proposed

ISLAMABAD: Rejecting the “unrealistic” financial assumptions used by the Power Division in preparation of ...

Updated 08 Jan, 2022 10:19am

PSO: power sector key defaulter

ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high at Rs425.446 billion by ...

Published 01 Jan, 2022 04:07am

Changes in $ rate, CPI and fuel mix: Circular debt management plan recalibrated

ISLAMABAD: The Power Division has recalibrated Circular Debt Management Plan (CDMP) 2021-23 due to changes in dollar...

Updated 16 Dec, 2021 10:38am

Pakistan

PPP accuses PTI govt of increasing circular debt by ‘110pc’

ISLAMABAD: Pakistan People’s Party (PPP) has accused the Pakistan Tehreek-e-Insaf (PTI) government of increasing...

Published 05 Dec, 2021 04:26am

Circular debt soared to Rs2.419trn by Oct 31st

ISLAMABAD: The country’s energy sector circular debt has increased by 120 percent to Rs 2.419 trillion on October...

Updated 04 Dec, 2021 09:47am

Business & Finance

Burgeoning circular debt termed serious threat to economy

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 03 Dec, 2021 04:31am

PSO receivables hit Rs402.863bn mark

The company announced its highest-ever after-tax profit of Rs29 billion for financial year 2020-21

Updated 28 Nov, 2021 10:01am

Circular debt of PSO soars to all-time high

ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high of Rs397.5 billion in November....

Published 19 Nov, 2021 04:35am

Power transmission system to get Rs111bn investment in 3 years: energy minister

Markets

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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