Bloomberg: ‘Bankrupt’ Pakistan Grid Adds to Imran Khan's Economic Quandary

Imran Khan. (REUTERS)
Updated 12 September 2018
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Bloomberg: ‘Bankrupt’ Pakistan Grid Adds to Imran Khan's Economic Quandary

September 12: Bloomberg report by Faseeh Mangi and Chris Kay states that in Pakistan’s Tharpakar desert, Chinese and Pakistani workers toil in the blistering heat to complete the construction of a massive open pit coal mine and an adjacent 660 megawatt power plant four months before schedule. The roadblocks will come soon after. When Engro Corp., one of Pakistan’s largest conglomerates, which is partnering with China, begins generating electricity from the plant in December it will hit a distribution and transmission network that is essentially “bankrupt,” according to Shamsuddin Shaikh, the chief executive officer of Engro’s energy arm.

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The Diplomat: Imran Khan Takes on Corruption in Pakistan

Updated 20 October 2018
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The Diplomat: Imran Khan Takes on Corruption in Pakistan

October 19 – The Diplomat report by Sabena Siddiqi states that throughout his campaigns over the years, Imran Khan, now Pakistan’s prime minister, has always commented on his intention to carry out an intensive anti-corruption drive once in power. Pledging “strict accountability” and a crackdown against “the people who looted this country,” Khan visualized an extensive anti-corruption campaign. Finally, with his recent election, the time seems to have arrived, as unprecedented measures are being taken along with the announcement of a new “whistleblower law” to help end financial crimes.

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