Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Are you interested in learning more about the US economy and the capitalist economic system? The circular flow model is a way to understand its ebbs and flows better, as it helps to visualize the ...

ISLAMABAD: Despite massive repetitive price shocks to consumers and countrywide drive against theft and billing defaults, the World Bank has found power and gas circular debts increasing by an average ...

The gas sector in Pakistan, which was relatively stable until 2013, has since faced the substantial challenge of circular debt. Understanding the reasons behind this accumulation and devising ...

ISLAMABAD: The government and commercial banks are reportedly inching towards a viable deal on Rs 1.23 trillion loan to resolve power sector Circular Debt (CD) of which Rs 5.23 billion will be fresh ...

Few issues embody Pakistan’s fiscal dysfunction as starkly as the country’s ballooning circular debt in the energy sector. What began as a temporary mismatch between costs and tariffs has now spiraled ...