However, so far, it has been nothing short of a disaster for Pakistan’s economy. The textile sector faces a gas shortage as domestic consumers are given preference in the winter season. The severe load-shedding, coupled with the delay faced in the release of funds under various schemes, is going to cause Pakistan a potential loss of $2 billion, according to the textile ministry. The current gas shortage is not a new phenomenon. It has caused a persistent crisis, which is felt not only by the textile sector, but by CNG stations as well as consumers at home. A delay in resolving the issue means that textile exports — which constitute a large portion of the country’s total exports — are going to decline. So far, in the current fiscal year, they already have shown the same trend. It is hypocritical on the part of the government to raise hopes of any sector and then state that it faces logistical issues which are preventing the achievement of goals. With the prime minister having a lot on his plate already, it appears that Pakistan’s economy will continue to suffer.
Published in The Express Tribune, October 22nd, 2014.
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i agree with hellboy on build and handover basis, in pakistan also
India nepal strted recently concluded a power pact in which Indian company will build dams in Nepal and in return Nepal will sell electricty to india.Why pakistan and india are not cooperating in same way.In balgladesh India's NTPC is building a 5000MW power plant also.