Water and Power Development Authority (Wapda) recorded the highest increase in its debt, which jumped to Rs62bn at the end of December while it was just Rs14.4bn a year ago. During this period, oil prices remained historically low while electricity prices increased many times.

Published in Dawn, 8^th March, 2017

https://www.dawn.com/news/1319054/debt-of-state-owned-companies-grows-36pc