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    <title>Pak signs Rs 1.2 trillion finance deal with banks consortium for power sector debt</title>
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    <description>A financing agreement with a consortium of domestic and foreign banks was executed to restructure power sector liabilities and address circular debt owed to independent power producers. The facility aims to stabilise the energy supply chain, support a reform agenda tied to privatisation of distribution companies, and fund measures to reduce line losses, theft and contractual distortions, with an emphasis on preventing recurrence of arrears and restoring investor confidence.</description>
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