The IMF’s High-Voltage Mandate: How Pakistan’s FY27 Power Subsidy Cut Will Rewire Its Economy
Walk through the humming control rooms of Islamabad’s power ministry, and you will find the air thick with a very specific anxiety. It isn’t just the fear of physical grid failure that keeps bureaucrats awake at night; it is the sheer, terrifying arithmetic of the sector’s balance sheet. For decades, Pakistan’s energy infrastructure has functioned…
