Circular debt occurs when one entity facing problems with its cash inflows holds back payments to its suppliers and creditors. Thus, problems in the cash inflow of one entity cascade down to other ...

The energy sector’s circular debt has reached Rs5.73 trillion as ... The increase is just the latest illustration of the abject failure of the government’s debt management policies.

The circular debt alone amounts to over 5% of GDP and ... The failure of price hikes to resolve the problem is another illustration of the need for the government to work on more holistic ...