Circular Debt Pakistan: Stock Market Rises as Govt Moves to Cut Power Sector Burden
KARACHI (25 September 2025): The Pakistan Stock Exchange (PSX) gained momentum on Wednesday, closing nearly 300 points higher on hopes that the government is finalizing a Rs. 1.3 trillion financing facility with banks to reduce the growing circular debt Pakistan is facing in the power sector. Despite persistent volatility caused by futures rollover, the market…