The economic challenges for the government are not going to end soon among which the circular debt challenge is surging rapidly. It can damage the already Corona struck economy of Pakistan. More importantly, it will cost the power sector of Pakistan a huge loss on which the economy is highly dependent which can consequently result in the worst economic nightmare for Pakistan.
The success of CPEC lies in unity and clarity about the project. It is for this reason that the JCM is established. JCM brings clarity and transparency to CPEC but highlights loopholes in internal politics and Pakistan’s national unity. It is high time that Pakistan puts in the effort to get its house in order.