Al Jazeera’s Ali Hashem says this is the first time Bint Jbeil has been hit since 2006. However, seven other southern Lebanese towns are being hit on a daily basis by Israeli warplanes.
He added, “It’s a war zone. Literally a war zone.”
The government no longer has the budgetary space to continue carrying hundreds of billions of rupees in untargeted subsidies while the power sector itself remains trapped in circular debt, inefficiencies, theft and under-recovery.
Our financial system is geared towards short-term, risk-averse lending, while climate adaptation and green infrastructure require patient, long-term capital.
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