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  • Circulr Debt

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    Salman Khalid
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    Circular debt relates to subsidies which the government in Pakistan is providing to the electricity consumers. By not collecting the bills KESC does not have the funds too pay its oil supplier, which could be PSO which in turn does not have funds to pay its supplier.

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    Circular debt relates to subsidies which the government in Pakistan is providing to the electricity consumers. By not collecting the bills KESC does not have the funds too pay its oil supplier, which could be PSO which in turn does not have funds to pay its supplier.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    12 views1 page

    Circulr Debt

    Uploaded by

    Salman Khalid
    Circular debt relates to subsidies which the government in Pakistan is providing to the electricity consumers. By not collecting the bills KESC does not have the funds too pay its oil supplier, which could be PSO which in turn does not have funds to pay its supplier.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    What is circular debt?

    In: Economics, Pakistan, Business [Edit categories] ImproveAnswer: Circular debt is when, to give a threeperson example, A owes B, who owes C, who owes A. As in Pakistan Circular Debt is a major issue in Energy Sector where it is at alarming heights. ( By Raheel Rao, Kasur) Circular debt relates to subsidies which the government in Pakistan is providing to the electricity consumers. By not collecting the bills KESC does not have the funds too pay its oil supplier , which could be PSO which in turn does not have the funds to pay its supplier, National Refinery say and then National Refinery does not have the funds to pay for imported oil. A better name is incorporate debt, Muntazar Bashir Ahmed FCA
    Read more: http://wiki.answers.com/Q/What_is_circular_debt#ixzz1QCCUVP2O

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