Pakistan's energy sector circular debt had grown to over Rs. 2.3 trillion by 2023, primarily caused by:
Q1. Pakistan's energy sector circular debt had grown to over Rs. 2.3 trillion by 2023, primarily caused by:
Answer: Excessive power generation capacity with low recovery of bills and subsidies
Explanation: Pakistan's power sector circular debt grew because of excess generation capacity with low-demand recovery, massive government subsidies, and poor bill collection rates across distribution companies.