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Summary He said last year, the increase in circular debt was Rs 538 billion.
ISLAMABAD (Dunya News) – Minister for Energy Hammad Azhar has said that the government has successfully overcome circular debt crisis as only Rs 177 billion increase in circular debt is expected this year owing to the effective steps taken by the government.
In a tweet, the minister said Rs 360 billion decrease was expected in the circular debt this fiscal year 2020-21 as compared to previous financial year.
— Hammad Azhar (@Hammad_Azhar) July 1, 2021
He said last year, the increase in circular debt was Rs 538 billion.
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