Pakistan's PSO owed $745 million by state companies

摘要

Karachi, Pakistan-Several state-owned companies owe Pakistan State Oil, the country's largest oil supplier, Pakistan Rupees 60 billion ($745 million), down from a record high of Rupees 96 billion in mid-February, according to a PSO official.As part of a government plan to disburse Rupees 12 billion to state companies involved in "circular debt," PSO is set to receive Rupees 4 billion from local power companies and Rupees 2 billion from Pakistan International Airlines in the next few days, the PSO official said April 24, speaking on condition of anonymity.