Virtual talks are expected today (Monday) between Pakistan and the International Monetary Fund (IMF) for fiscal year 2025–26 budget.
The officials likely to discuss circular debt of the gas sector in the talks, sources said. “Pakistan’s officials will present the plan for ending the gas sector’s circular debt in virtual talks,” sources shared.
Gas sector circular debt has been around Rs 2800 billion. A suggestion to reduce the gas circular debt with dividend expected to be presented, sources said.
The IMF has demanded the data of the gas sector companies. The officials will produce the five years’ performance of the gas companies to the lender.
