Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Ministry of Energy to present an effective, sustainable and workable strategy for termination of circular debt.
Chairing a meeting in Islamabad today, he said all stakeholders have to work together.
Anwaar-ul-Haq Kakar said the government is taking all possible steps to reduce the circular debt and restore the economy on priority basis.
He said the anti-power theft operation has significantly improved the recoveries of the power distribution companies.
The meeting was given a detailed briefing on the current situation of circular debt in the petroleum and energy sectors.
During the meeting, various suggestions were also presented to reduce the circular loans of different companies.
Meanwhile, addressing the Pakistan National Youth Convention in Islamabad today, Caretaker Prime Minister said Pakistan’s successes in war against terrorism would not have been possible without the participation and support of the youth.
Elaborating the potential
of youth, he said country’s population comprises sixty-five percent of youth and it can play a constructive role in dealing with the emerging national security’ challenges.
Source: Radio Pakistan