IMF conditions

Published March 24, 2018

APROPOS your report that the National Electric Power Regulatory Authorit (Nepra) will re-impose power surcharges under commitment to the IMF.

Instead of correcting line losses and systems to prevent power theft, it appears that the International Monetary Fund (IMF) prefers to encourage inefficiency, theft and corruption instead of improving systems, and pass on the burden to the people.

With institutions like the IMF, largely controlled by Western economic powers, it appears to be a policy to keep Third World countries inefficient, corrupt and not independently sustainable, so that they remain reliant and under the dictates of those powers.

Rafi Ahmed

Karachi

Published in Dawn, March 24th, 2018

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