This photograph taken from the southern Lebanese area of Marjayoun (Marjeyoun) shows smoke rising from the site of an Israeli strike that targeted the village of Mayfadoun on May 9, 2026. —AFP
The image from the southern Lebanese area of Marjayoun (Marjeyoun) shows smoke rising from the site of an Israeli strike that targeted the village of Arnoun on May 9, 2026. —AFP
This photograph taken from the southern Lebanese area of Marjayoun (Marjeyoun) shows smoke rising from the site of an Israeli strike that targeted the village of Arnoun on May 9, 2026. —AFP
This photograph taken from the southern Lebanese area of Tyre shows people around the beach against the backdrop of smoke rising from the site of an Israeli airstrike that targeted the village of El Qlaile on May 8, 2026. —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.