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The Nexus
BUSINESSJul 29 · 02:20 UTCDAWN[email protected] (The Newspaper's Staff Reporter)

Power division pins blame for circular debt on ‘Q Block’

The power division attributed a Rs61 billion increase in power sector circular debt to the Ministry of Finance, citing a Rs98 billion budget deduction. Despite this, the division highlighted a reduction in power distribution company losses from Rs591 billion in FY24 to Rs326 billion in FY25, attributing progress to sector reforms.

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Mentioned
Power DivisionorganizationMinistry of FinanceorganizationInternational Monetary FundorganizationK-Electricorganizationcircular debttopicpower sectortopicRs61 billiontopicRs1.675 trilliontopic
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