Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on reforms in Energy Sector at Finance Division on Thursday.
SAPM on Finance Mr. Tariq Bajwa, Mr. 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 gas sector briefed the meeting on issue of circular debt in 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 gas sector.
The Government earlier constituted a Committee convened by Mr. Ashfaq Yousuf Tola for the settlement of circular debt in gas sector.