ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar has directed a Committee constituted for the settlement of circular debt in the gas sector, to finalize their report within three working days to settle the issue of circular debt in gas sector.
The Finance Minister chaired a meeting on reforms in the Energy Sector at the Finance Division on Thursday .
SAPM on Finance Tariq Bajwa, Ashfaq Yousuf Tola, Secretary Finance and senior officers from Finance and Petroleum Division attended the meeting.
The Committee constituted for the settlement of circular debt in the gas sector briefed the meeting on the issue of circular debt in the gas sector and presented proposals to offset the burden.
The Finance Minister emphasized the priority of the government to address the issue of energy sector including circular debt to bring financial sustainability of the sector and economic growth of the country.
He further directed the Committee to finalize their report within three working days to settle the issue of circular debt in the gas sector.
The Government earlier constituted a Committee convened by Ashfaq Yousuf Tola for the settlement of circular debt in the gas sector.
