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    <title>Pak signs PkRs 1.2 trillion finance deal with banks consortium for power sector debt</title>
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    <description>A multi bank restructuring and financing facility was agreed to address the power sector circular debt, intended to support debt resolution and enable structural reforms including privatisation of distribution companies, reduction of line losses, anti theft measures, and correction of unfavorable power purchase arrangements with independent producers; the government frames the facility as complementing a task force and reform agenda endorsed by international stakeholders, though skepticism remains about eliminating recurring debt without effective enforcement of loss control and contract remedies.</description>
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