Yemeni protesters take part in a march in solidarity with the Palestinian people in the Houthi-controlled capital Sanaa on January 11, 2024. — AFP)
Houthi fighters brandish their weapons during a march in solidarity with the Palestinian people in the Houthi-controlled capital Sanaa on January 11, 2024. — AFP
Yemeni supporters of the Houthis shout anti-Israel and anti-US slogans during a march in solidarity with the Palestinian people in the Houthi-controlled capital Sanaa on January 11, 2024. — AFP
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.