Energy supply chain & SNGPL
Pakistan, Jan. 15 -- Pakistan is stuck in the quagmire of circular debt since the past more than a decade. This factor has proven to be a major retarder of the performance of the power sector.As per a recent media report, the circulardebt of the petroleum supply chain has also growninto a monster accumulating to1.6 Trillion PKR. It appears that managing the spiral would continue to be a challenge for the economy until it is interrupted by some radical measures. The situation is after all getting more and more fragile and unsustainable. The economy appears to have exhausted all the margins of tolerance in this regard; therefore, the circular debt resulting into at least partial and temporary breakdowns has started appearing as a real event...
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