A bad debt

The energy crisis is directly linked to circular debt; solving one will solve the other. The PML-N government has not shared information regarding the latest status of the country’s circular debt.
In any business operation, trade debt terms range from 30 days to a maximum of 120 days. It is surprising that two-and-a-half years have passed (about 900 days) since the government paid off circular debt amounting to Rs482 billion but we do not know what happened to the recovery of that circular debt. Ishaq Dar has a duty to inform us about the latest status of the recovery. If no recovery has been made so far despite the passage of over 900 days then it should not be called a circular debt. It is actually a bad debt.
Ejaz Ahmad Magoon
Lahore