Pakistan, Feb. 24 -- The Federation of Pakistan Chambers of Commerce & Industry's Businessmen Panel (BMP) on Sunday said that despite repeated tariff increases through base annual tariffs, quarterly adjustments, and fuel cost adjustments, the circular debt has been standing at whopping level of Rs2.38 trillion in the first half of 2025 fiscal year, exceeding the government's commitment to contain it.

The BMP Chairman and FPCCI former president Mian Anjum Nisar, referring to the data of the Ministry of Energy, observed that the circular debt has been standing at Rs2.384 trillion, as the power sector still suffered Rs158 billion in losses due to inefficiency, theft, and under-recoveries of bills. The data showed that distribution companies...