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yaar aik tu mujhy yeh samjh nhie ati ..itna bhoola ha ...kabhie dar saab pasa jatay hain, kabhie musharraf saab kabhie zardari saab ..yeah nawaaz sharif ko sab ollu kasey bana jatay hain?
This man has shown he knows nothing about economy and what Dar is planning to do this man should study economy first than write something
aunty IMF say ya Arabi mamoon say
This man has shown he knows nothing about economy and what Dar is planning to do this man should study economy first than write something
point out something in the article that doesnt make sense?
Dar is going for bonds and other things not going to IMF to get those 500 Billion and not even to Saudi Arabia they will go to Saudi Arabia for get some extra money but not for this case he is going for bond and other things ask Hasnain he would explain it to you
you got to be kidding me !!
500 billion worth bonds, and even as Shaheen Sehbai points out the circular debt is neutralized, then what?, read again...
Sir I have and that they are working on that and for that we need to get bills and also control theft and for some time they would have to increase the price and mean while shift plants which are using furnace oil on Coal and also start establishing new plants because new plants take minimum one year to run and not only bonds some other things he is also doing I don't like him but he is evil genius and knows his work @hasnain0099
look where you started from and where you ended...
There are multiple reasons for circular debt buildupMain idea is selling bonds and one other thing and they would have to increase price of electricity for some time but at mean while if they are able to shift already running plants on coal they would be able to reduce price of electricity to great extent ask @hasnain0099 he would explain you better
There are multiple reasons for circular debt buildup
1-Non-Recovery and Theft
2-Transmission Losses due to inefficient distribution infrastructure.
3-Excessive subsidy (Because when one purchases something expensive but sell it cheap, resulting loss has to come out one's pocket) in case of government, this loss is financed by raising more debt (circular debt).
Our current electricity mix is 70% oil and around 30% cheaper sources. So the cost of electricity generation is very high. Even if the government goes ahead with changing fuel power plants to coal, it would take around 2 to 3 years to do that.