The cost of ignoring the Shibli Report | The Express Tribune
The cost of ignoring the Shibli Report The power sector in Pakistan has operated on the assumption that supply creates its own demand The writer is a senior political economist based in Islamabad. He can be reached at [email protected] While the outgoing year left almost nothing to celebrate, the new year opens its account with the chilling news of a series of spikes in the electricity tariff agreed with the IMF to administer “old wine in an old bottle” to the problem of ever-rising circular debt. This follows the recent admission by the Prime Minister that the PTI was not prepared to de...
Source: tribune.com.pk