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Pakistan seeks massive loan to address $14.7B power sector debt, may raise electricity tariffs.
Pakistan's government is negotiating a Rs1.24 trillion ($6.5 billion) loan with banks to tackle a Rs2.38 trillion ($14.7 billion) circular debt in the power sector.
The loan would be repaid through a debt servicing surcharge on electricity tariffs.
If successful, this could ease pressure on the power sector and pave the way for private investment and the privatization of distribution companies.
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El Pakistán pide un préstamo masivo para hacer frente a la deuda del sector de la energía de 14,7 B, que puede elevar las tarifas de la electricidad.