Focusing Energy
Energy Update 2011, June 30, 5, 50
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Publisher Description
Byline: Ismat Sabir The Finance Minister, Dr Abdul Hafeez Sheikh, said in his Budget speech that without eliminating subsidies, budgetary control will be impossible. In particular, the power system must operate efficiently and cost effectively without subsidy and ensure full cost recovery. The taxpayer must not pay for the management inefficiencies of these entities.