Bridging shortfall: Energy sector should get priority in resource allocation
0.2% of the total resources were allocated for the Water and Power Division in the federal budget for 2017-18. According to the Ministry of Water and Power, the circular debt has risen back to Rs401 billion.
Pakistan has an acute energy shortfall and there is a need to invest more in this sector to bridge the gap. Pakistan should focus on power generation and allocate more resources for these projects. If the government increases funding for the energy sector, then in the long run spending on other programmes will come down as people will be self-sustaining and their productivity will increase.
Published in The Express Tribune, 26th June, 2017.