Power Sector Debt Soars as Circular Debt Hits Rs 4.9 Trillion
A recent report by the Ministry of Finance has revealed that losses from over 15 state-owned enterprises have surged past Rs 5.9 trillion, adding serious pressure on Pakistan’s fragile economy.
The National Highway Authority (NHA) tops the list with total losses of Rs 1.953 trillion, followed by Quetta Electric Supply Company (QESCO) at Rs 770.6 billion, and Peshawar Electric Supply Company (PESCO) at Rs 684.9 billion. The report points to a worrying trend of deepening financial trouble in the power and infrastructure sectors.
Read more: Emirates recognised as 2025’s Most Recommended Global Brand by YouGov
NHA, QESCO, PESCO Lead in Massive Financial Losses Amid Fiscal Crisis
Additionally, Pakistan’s circular debt has climbed to Rs 4.9 trillion, with the power sector alone responsible for Rs 2.4 trillion. Pension liabilities have also soared to Rs 1.7 trillion. Other major entities like SNGPL, Pakistan Steel Mills, and PTCL have also posted significant losses, further burdening the national treasury.
