Dar vows to settle gas circular debt

Published
7
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

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Regional security
Updated 28 Oct, 2026

Regional security

Iran and the Makkah pact states should pledge not to let external actors use their soil to launch aggression against each other.
Rate hike
28 Oct, 2026

Rate hike

THE SBP’s decision to raise its policy rate by 50 basis points to 12pc was largely expected. It is also justified...
Press solidarity
28 Oct, 2026

Press solidarity

PAKISTAN’S journalists have seldom lacked organisations speaking in defence of press freedom. What has been ...
Privatisation framework
Updated 27 Oct, 2026

Privatisation framework

The proposed merger of the Privatisation Commission and the Public-Private Partnership Authority (P3A) into a single institution is a sensible move.
Chromebook scheme
Updated 27 Oct, 2026

Chromebook scheme

Technology can widen opportunity, but only when it is tied to good teaching, reliable connectivity and clear educational purpose.
Dengue season
27 Oct, 2026

Dengue season

ANOTHER dengue outbreak looms over the country for reasons of lack of preparedness and negligence. This month’s...