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Thursday, April 25, 2024
Circular debt

Circular debt

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    Saudi oil facility attack termed 9/11 of the energy world. ME conflict shouldn’t be allowed to become a global crisis. Tensions can shatter economy of Pakistan, Oil-importing nations.

    Circular debt
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    (September 18, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the crisis in the middle...
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    Budget deficit jumping to unsustainable levels. Gap between income and expenditure should be reduced. Interest rates cut, relief to SME and export sector needed.

    Circular debt
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    (August 30, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday said economic activities are stagnant, industrial...
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    Circular debt a threat to the economy. Efforts to bring debt to single-digit failed. Rosy picture being presented to the PM.

    Circular debt
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    (Dec 09, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said Rs1.5trillion circular debt is a...
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    Energy situation improving despite chronic circular debt. Weak transmission and distribution system can hit economy.

    Circular debt
    0
    (03 Jan, 2018) President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday said energy situation is improving in the country despite...
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    Power tariff relief to industrial sector lauded. Inflation cannot be tamed without reducing food prices. Power tariff, taxes should not be hiked on IMF’s demand.

    Circular debt
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    (November 04, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday lauded the decision of the Prime Minister Imran Khan to...
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    Annual growth of Rs450 billion in circular debt a threat to economy. Over Rs300 billion are lost to mismanagement of concerned departments. Gas price hike to hit economy,...

    Circular debt
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    (Dec 27, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday said the annual accumulation of over...
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    Politicians, bureaucrats who destroyed the power sector be punished. Transferring the entire burden on circular debt on masses unacceptable. Concessional energy tariff for the export sector should continue.

    Circular debt
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    President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said some politicians and bureaucrats played a central role in ruining power sector...
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    PBIF says circular debt becomes a national security concern. Avoiding immediate reforms to bankrupt ailing power sector. Why policy of former regime is still intact.

    Circular debt
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    (Sept 25, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said circular debt has swelled to Rs2.1 trillion becoming a serious national security issue. Circular debt is increasing...
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    Rs14.7 trillion borrowed in last two years. Power package Lauded, Rs700 billion refunds should be released to trigger growth. Reintroduction of zero-rating to lift exports.

    Circular debt
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    (November 06, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said government borrowed Rs14.7 trillion in last two years. Foreign debt...
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    Pakistan has become a trading economy. A trading economy can never function without hefty borrowing. Benefits to elite outweigh circular debt.

    Circular debt
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    (June 06, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said our economy is not productive due to continuous neglect of...
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