{"id":647865,"date":"2025-09-26T10:02:27","date_gmt":"2025-09-26T04:32:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=647865"},"modified":"2025-09-26T11:21:43","modified_gmt":"2025-09-26T05:51:43","slug":"pakistan-signs-pkrs-1-2-trillion-finance-deal-with-banks-consortium-for-power-sector-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pakistan-signs-pkrs-1-2-trillion-finance-deal-with-banks-consortium-for-power-sector-debt\/","title":{"rendered":"Pakistan signs PkRs 1.2 trillion finance deal with banks consortium for power sector debt"},"content":{"rendered":"<p>Cash-strapped Pakistan on Thursday signed a PkRs 1.2 trillion financing agreement with a consortium of 18 banks &#8211; described as the largest restructuring deal &#8211; to address the country&#8217;s ballooning power sector debt. <\/p>\n<p>The signing ceremony is being hailed as a breakthrough in tackling the circular debt crisis, which has swelled to nearly Pakistani rupees (PkRs) 2.4 trillion &#8211; 2.1 per cent of the GDP, according to an official statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash-strapped Pakistan on Thursday signed a PkRs 1.2 trillion financing agreement with a consortium of 18 banks &#8211; described as the largest restructuring deal &#8211; to address the country&#8217;s ballooning power sector debt. The signing ceremony is being hailed as a breakthrough in tackling the circular debt crisis, which has swelled to nearly Pakistani rupees (PkRs) 2.4 trillion &#8211; 2.1 per cent of the GDP, according to an official statement.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-647865","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/647865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=647865"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/647865\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=647865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=647865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=647865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}