Pakistan's Power Burden: High Costs Cripple Industry, Pressure PKR

Pakistan's electricity is among the most expensive globally, with consumers paying for 46,600 MW of installed capacity while only using a third. Capacity payments to idle plants, tied to the dollar, cost billions, pushing industrial tariffs to double those in regional competitors and leading to factory closures. Despite recent reforms, fundamental issues persist, trapping the economy in a cycle of high power costs hindering industrial recovery. This structural economic weakness could exert ongoing pressure on the Pakistani Rupee, potentially increasing the appeal of gold as a hedge.

بحوالہ / Source: www.dawn.com