Pakistan’s energy sector reforms are showing clear results as electricity distribution losses fell sharply last fiscal year. Distribution company (DISCO) losses stood at Rs397 billion, Rs242 billion below the IMF’s target of Rs649 billion. Circular debt also dropped significantly, easing pressure on the national power system. The IMF had set limits to control DISCO losses, […]
power sector savings
Pakistan energy reforms cut losses far below targets
Pakistan’s energy sector reforms have shown measurable results, with electricity distribution company (DISCO) losses dropping sharply to Rs397 billion, which is Rs242 billion below the target set by the International Monetary Fund. The IMF had set an annual loss ceiling of Rs649 billion for DISCOs, but tighter financial discipline, improved controls, and governance reforms helped […]