They no longer borrow money to avoid balance of payment crisis, they are now borrowing money to bridge fiscal deficit. Look at another news.
ISLAMABAD: The Asian Development Bank (ADB) has approved a $320 million loan to support the rehabilitation of roads...
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Another loan from Asian development bank to build and maintain roads. $400 billion GDP they say. The feudal lords don't want to pay taxes even to save their own country. Every freaking year same randi rona. Meanwhile I read another article which says this
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So their peak demand is 23GW in summer mainly due to people using air conditioning. But in winter that drops to 15GW. Pakis may be the only country in the world
who can boast about a GDP of $400 billion with just 15GW of electricity consumption.
There are intense discussions in the energy industry about excess capacity, increasing electricity costs, and...
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