Circular debt

Pakistan has become a trading economy. A trading economy can never function without hefty borrowing. Benefits to elite outweigh circular debt.

Circular debt 11/06/2022

(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...

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 07/11/2020

(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...

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 05/11/2020

(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...

Delayed purchase of wheat, sugar, LNG to burden masses by trillions. Procurement of costly LNG to hit masses, production and exports. Circular debt to haunt economy after gas disaster.

Circular debt 19/12/2020

(December 18, 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 failure to buy wheat, sugar and LNG in time...

Increased size of Govt a recipe for disaster. Govt left with nothing after repaying debt, obligations. Politicians not concerned about next generations but next elections.

Circular debt 22/02/2020

(February 21, 2020) 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 increased size of the...

Circular debt a threat to the economy. Efforts to bring debt to single-digit failed. Rosy picture being presented to the PM.

Circular debt 11/12/2019

(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...

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 23/06/2020

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...

Power plants should be kept closed to contain circular debt, Power data should be made public like developed nations.

Circular debt 26/04/2017

April 24, 2017 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 Monday said power plants should not be kept closed to keep...

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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.

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.

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.

Delayed purchase of wheat, sugar, LNG to burden masses by trillions. Procurement of costly LNG to hit masses, production and exports. Circular debt to haunt economy after gas disaster.

Increased size of Govt a recipe for disaster. Govt left with nothing after repaying debt, obligations. Politicians not concerned about next generations but next elections.

Circular debt a threat to the economy. Efforts to bring debt to single-digit failed. Rosy picture being presented to the PM.

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.

Power plants should be kept closed to contain circular debt, Power data should be made public like developed nations.

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