Dar vows to settle gas circular debt

Published December 30, 2022
Finance Minister Ishaq Dar speaks in a video message from Washington, US, Oct 15. — DawnNewsTV/File
Finance Minister Ishaq Dar speaks in a video message from Washington, US, Oct 15. — DawnNewsTV/File

ISLAMABAD: Minister for Finance Ishaq Dar on Thursday directed the committee constituted for settlement of circular debt in the gas sector to finalise its report within three working days to resolve the issue.

Mr Dar issued the directive while presiding over a meeting on reforms in the energy sector at the Finance Division here. The committee members briefed the meeting on circular debt in the gas sector and presented proposals to offset the burden.

The finance minister emphasised the priority of the government to address issues confronting the energy sector, including circular debt, to bring financial sustainability to the sector and economic growth in the country.

Special Assistant to the Prime Minister on Finance Tariq Bajwa, Finance Secretary Ashfaq Yousuf Tola and senior officers from the finance and petroleum divisions attended the meeting.

Published in Dawn, December 30th, 2022

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