Equity Analysis /
Pakistan

Pakistan E&Ps: Another circular debt settlement

  • OGDC and PPL are in talks with the GoP for a settlement of outstanding circular debt

  • Reportedly, GoP will make them pay out whatever money is settled – returning most of it to GoP

  • The plan should be more beneficial for the GoP than the E&Ps but can have indirect positives for the latter

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
9 December 2021