Power Sector: An Enigma With No Easy Solution

Edited by Tahir Basharat Cheema, Nadeem Ul Haque and Afia Malik

in PIDE Books from Pakistan Institute of Development Economics

Abstract: Pakistan's energy sector has been in crisis for years. Supply shortages persist while losses increase continuously. Too many players in the system confuse each other to cumulate losses and give subsidies while, at the same, the circular debt is rising continually. The government is borrowing from commercial banks to finance the sector deficit. The demand-supply gap has evolved over the years from deficits to excess installed capacity, but there is a shortage of cash flows and supporting infrastructure to run it. The result is load shedding. Surprisingly, no government has taken it seriously, saying decisions are too difficult. No serious research has gone into understanding the issues. No white paper has ever been prepared.

Keywords: Power Sector; An Enigma With No Easy Solution (search for similar items in EconPapers)
Date: 2022 Written 2022 Originally published 2022.
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