{"id":18427,"date":"2023-10-27T07:20:59","date_gmt":"2023-10-27T07:20:59","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/psos-outstanding-dues-surge-past-rs-700bln\/"},"modified":"2023-10-27T07:20:59","modified_gmt":"2023-10-27T07:20:59","slug":"psos-outstanding-dues-surge-past-rs-700bln","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/psos-outstanding-dues-surge-past-rs-700bln\/","title":{"rendered":"PSO’s outstanding dues surge past Rs. 700bln"},"content":{"rendered":"
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KARACHI: The outstanding dues of Pakistan State Oil (PSO) from various governments and private sectors have now surged past a staggering Rs 700 billion, ARY News reported, citing sources.<\/strong><\/p>\n

According to recent reports, PSO is in the process of collecting a staggering Rs 765 billion from a range of sources, including government entities and other institutions.<\/p>\n

Among the notable debtors, Northern Sui stands out with a liability of Rs 487 billion owed to PSO, emphasizing the colossal amounts involved in these transactions.<\/p>\n

READ: PIA\u2019s flight operations partially restored<\/a><\/strong><\/p>\n

The power sector carries a substantial liability of Rs 184 billion, adding more financial complexity faced by PSO.<\/p>\n

However, in the past ten days, the Pakistan International Airline (PIA) paid over Rs 1.4 billion to PSO, while the national flag carrier still owes Rs 26.8 billion to PSO.<\/p>\n

Besides PIA, other institutions collectively owe PSO a substantial sum of Rs 669 billion.<\/p>\n<\/div>\n<\/div>\n