Article Type

Article

Description

There is unanimity of view that Pakistan faces enormous deficiencies in its infrastructure, particularly the energy sector, that is slowing down the rate of growth and creating stress and disenchantment among business and society. It is also true that the federal Public Sector Development Programme does not have enough fiscal space to accommodate all priority projects. At the same time, there is a buoyant private sector that is sitting on ample cash surpluses and looking for profitable opportunities. So there is a demand for infrastructure projects and there is supply of resources available from investors willing and able to finance these key projects. The market mechanism does not seem to be working because the private sector is uncertain about the likely return on their investments.

Publication Source

Dawn

Publication Date

6-2-2015

Pages

1-3

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