ISLAMABAD: The World Bank has expressed concern over the increase in revolving loans of Pakistan’s power sector.
According to the World Bank, during the last 6 years, the revolving debt of the power sector increased by 1241 billion rupees, in the fiscal year 2018, the revolving debt was 1152 rupees, which reached 2393 billion rupees in the fiscal year 2024.
The World Bank has cited inefficiency of distribution companies, expensive power generation, distribution and transmission losses and non-recovery of electricity bills among other reasons for the increase in revolving debt.
