The United Nations’ agency for Palestinian refugees (UNRWA) has said that the average number of internally displaced persons (IDPs) in its shelters located in Gaza’s middle and southern areas is 12,000 — more than four times their capacity.
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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