Islamabad April 20 2022: Gas sector circular debt reaches Rs 1,500 billion including Rs 200 billion losses of SNGPL according to Federal Minister for Finance Miftah Ismail.
"Let me state this very very clearly. The circular debt in the gas sector left by PTI is Rs 1500 billion. Let me repeat: Rs 1500 billion. This includes a loss of Rs 200 billion (or 20,000 crore) in SNGPL. Before I came in govt I thought the gas circular debt was “only” Rs 700 billion." Says Miftah Ismail Federal Minister for Finance.