‘Tragedy’ Pakistan has nukes but no power - Sharif
PAKISTAN: Pakistan's incoming Prime Minister Nawaz Sharif Tuesday
admitted it was a “tragedy” that a country with a nuclear arsenal was
crippled by chronic electricity shortages.
Years of mismanagement, underinvestment and corruption in the power
sector have led to Pakistanis suffering blackouts of up to 20 hours a
day in the blistering heat of summer, when temperatures reach up to 50
Celsius.
Sharif vowed to build new power plants to tackle the problem, which
acts as a huge drag on the economy, shaving up to four percent off GDP
according to the Planning Commission, but he warned there would be no
quick fix. In a speech marking the 15th anniversary of Pakistan's first
succesful nuclear weapons test, Sharif -- who was prime minister at the
time -- said it was shameful that the country struggled so badly just to
keep the lights on.
“It's a tragedy that a country with atomic weapons is deprived of
electricity and has no electricity for even 20 hours a day. How can a
country develop in such a situation?” he said.
The hated power cuts, known euphemistically as “loadshedding”, were
arguably the single biggest voter complaint in the runup to the May 11
general election, which Sharif's party won -- a far bigger daily concern
than Taliban violence.
Wealthy steel magnate Sharif said his government would build more
dams to exploit Pakistan's huge hydroelectric potential, as well as more
coal-fired power stations, and would seek help from allies China and
Turkey.
He said foreign firms setting up power projects in Pakistan would be
allowed to repatriate profits, but warned against expectations of a
swift end to the crisis.
“Please do not expect that we will solve this energy problems in
days,” he told an audience in the eastern city of Lahore.
“We will try our best and will use all our resources to solve this
problem but you will have to show patience.
I cannot give you an exact timeframe but I will struggle and will do
my best.”
AFP
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