Receivables from power defaulters amount to massive Rs851b

ISLAMABAD: The Pakistan Muslim League (PML-N) government left office with receivables from power defaulters amounting to a massive Rs851 billion.

According to audited figures compiled a few days ago, receivables from power defaulters stood at Rs729.8 billion in June 2017, which jumped to Rs851 billion by the end of April this year, weighing on the power sector.

The federal government was a defaulter of Rs4.88 billion in June 2017 but receivables reached Rs9.24 billion in April 2018.

Published in The Express Tribune, 24th June, 2018