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FEB 13, 2014 - The Economist

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Pakistan’s economy: The Urdu rate of growth

EVEN the swankiest chandelier is not much use these days without electricity. Just as Shahbaz Sharif explains Pakistan’s new energy policy, his Lahore home plunges into darkness, briefly hiding him, his oil paintings and a fine china tea set. Has Punjab’s chief minister staged a blackout for dramatic effect? Laughing, he denies it: power cuts are routine. City dwellers endure as much as ten hours of cuts a day; villagers are usually without power for much longer. On occasion, supply has fallen 40% short of national demand. Chronic electricity shortages vie with some heavyweight contenders ... Read More

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