Articles tagged with: KESC
In 1993, the Pakistan Peoples Party won elections. In 1994, Prime Minister Benazir Bhutto unveiled Power Policy 1994. The Private Power and Infrastructure Board (PPIB) was inundated with 116 applications amounting to an accumulated generation capacity of 26,000 MW. The PPIB selected 75 applications — amounting to an investment of some $20 billion — to whom it issued its Letter of Intention (LoI).
The story tells how the government is recklessly abusing with the taxpayer’s money on a great-grand child of the elected members of the assembly. The so called democratic governments have yet again proved that they are the best guardians of the public money which is leeched by imposing direct taxes on the cow-innocent citizens of Pakistan by introducing taxes on tea, cold drinks, sugar and fuel.