PSO's receivables reach Rs.334 billion

MG News | October 18, 2018 at 02:32 PM GMT+05:00

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October 18, 2018 (MLN): Pakistan State Oil (PSO)’s receivables as of now, stand in at Rs.334 billion, sources within the Ministry of Finance have revealed.

Among the various sectors that owe payments to the establishment, power sector has to pay Rs.270 billion, Government and PIAC have to pay Rs.44 billion while Sui Northern Gas has to pay Rs.21 billion to PSO.

On the other hand, on June 30, 2017 PPL’s receivables were around Rs.99 billion. Having marked an increase of Rs.44 billion in one year, the receivable amount for company reached Rs.143 billion on June 30, 2018.

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