A displaced Palestinian sleeps in a makeshift tent at a camp in Rafah near the border with Egypt in the southern Gaza Strip, on January 21. — AFP
Displaced Palestinians search a garbage bin at a makeshift tent camp in Rafah near the border with Egypt in the southern Gaza Strip, on January 21. — AFP
Water utility personnel set-up a water-pumping system for displaced Palestinians at a makeshift tent camp in Rafah near the border with Egypt in the southern Gaza Strip, on January 21. — 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.
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