Efforts Underway to Resolve Circular Debt Issue, Says Awais Leghari, as the federal government works to stabilize Pakistan’s energy sector. The power minister stressed that the rising circular debt remains one of the biggest challenges affecting the entire system, from production to distribution.
Speaking at a press briefing, Awais Leghari said the government is taking concrete steps to manage the financial burden and prevent further accumulation of debt. He explained that earlier policies had contributed to inefficiencies, which caused major losses for power companies and increased pressure on the national budget.
Leghari noted that Efforts Underway to Resolve Circular Debt Issue, Says Awais Leghari reflects the government’s commitment to long-term sector reforms. He said that various departments are coordinating to implement strong regulatory and financial controls. These measures will help reduce losses, improve recovery, and limit unnecessary subsidies.
The minister also highlighted the need for better governance within power distribution companies. He stressed that poor performance and outdated systems have worsened the circular debt crisis. According to him, restructuring and improved management will play a key role in reducing leakages and boosting overall efficiency.
Awais Leghari added that the government is working on new strategies that will encourage energy conservation and support sustainable production. He said that renewable energy projects are also important for reducing reliance on expensive imported fuels.
He further stated that public awareness is necessary to ensure responsible consumption. Lower demand during peak hours can ease pressure on the grid and reduce the financial strain caused by capacity payments.
Leghari assured the media that the government will continue to prioritize transparency and accountability throughout the process. He emphasized that Efforts Underway to Resolve Circular Debt Issue, Says Awais Leghari are ongoing and require support from both institutions and consumers.
The minister concluded that resolving circular debt is essential for Pakistan’s economic stability. Long-term reforms, he said, will help create a sustainable and affordable energy system for all.
Read More : Govt Unveils 3-Year Plan To Cut Power Tariffs For Industry And Agriculture
