ISLAMABAD, May 26 -- Pakistan's combined circular debt in the power and gas sectors has surged to Rs5.1 trillion, according to disclosures made during a meeting of the National Assembly Standing Committee on Finance.

Officials informed the committee that the total circular debt has significantly increased from Rs3.5 trillion recorded last year, highlighting growing financial pressures on the country's energy sector and economy.

Read More: Pakistan's circular debt in energy sector rises to Rs5.2 trillion

The committee reviewed Pakistan's economic situation and fiscal priorities for the upcoming 2026-27 budget, focusing on emerging economic risks, the performance of the IMF programme and the need for structural reforms.

During the brief...