Tag: debt

Pak circular debt reaches Rs 740b

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STAFF REPORT KHI: The circular debt has jumped up to the level of Rs 740.65 billion where the receivables from federal and provincial governments and other departments are at Rs 375.73 billion while the amount of payable is Rs 364.92 billion as on March 31, 2012.According to the statistics available, this includes an amount of Rs 68.88 billion due as receivables from the provinces, Rs 14.27 billion from the federal government, Rs 60.4 bn from KESC; Rs 20 billion from FATA; Rs 14.56 billion from…Read More

| 740b | circular | debt | Pak | reaches | Rs