How a pandemic rescue became a 30-year debt trap

Millions of small businesses are discovering that the emergency fiscal help they relied on in 2020 came with a long tail of ...
The Nation (PK) on MSN

Weak Discos performance major contributor to circular debt

Weak DISCOs performance is a major contributor to circular debt, adding approximately Rs397 billion during FY2024-25 due to violation of NEPRA's determined loss targets and poor recovery rates.
The Express Tribune on MSN

DISCO losses drain RS397b in FY25

Pakistan's public-sector power distribution companies continued to miss key performance benchmarks in FY2024-25, as excessive transmission and distribution (TandD) losses and recovery shortfalls ...

Prominent Detroit businessman hit with $10M judgment for money owed

Herb Strather could be questioned under oath later this month about assets and properties that could be used to pay off debt.