How Pakistanis are paying higher interest on circular debt and what govt can do about it

While most Pakistanis are tired of hearing about circular debt and seeing its impact on their electricity bills, there’s slightly worse news.

Consumers are actually paying higher interest rates on that circular debt all because of the government’s lack of responsibility and initiative.

Nukta explains how the government can take steps to convert or refinance the debt and offer a relief on around PKR 4 per unit to consumers.