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Power Outages, Fuel Shortage: Pakistan Reels Under Economic Crisis

Published by
BOOM Live

By Sourit Sanyal In the middle of a political turmoil, Pakistan is reeled for yet another economic crisis. Long hours of power outages is taking a toll on the business and daily livelihood. Amid the heatwave that is sweeping across several parts of South Asia, including India and Pakistan, the people there are facing power cuts up to 8-12 hours a day. The Chinese power producers, who come under the China-Pakistan Economic Corridor (CPEC), have now started shutting down various power plants as Shehbaz Sharif’s cash-strapped government faces outstanding dues worth 300 billion rupees (US$1.5 bill…

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