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The study also lays a foundation for future Arshad, M., & O’Kelly, B. C. (2018). Diagnosis of electricity crisis and scope of
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fiscal dilemma—it reflects deep-rooted governance
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assistance, and ad hoc rescue efforts, circular debt has
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escalation highlights the fragility of the energy sector Pakistan and the way forward towards green energy implementation.
and the consequences of relying on short-term fixes Energies, 16(1), 423. https://doi.org/10.3390/en16010423
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sustainable solution also requires depoliticizing energy
About the Author: The writer is Senior Vice President at the
governance, enhancing institutional capacity, and National Bank of Pakistan, with over 19 years of experience in HR
incentivizing private sector participation. across banking and corporate sectors. He has held key roles at Aga
Khan University Hospital, First Women Bank, United Bank Limited,
References and NIB (now MCB). He has been teaching HR at the University of
Karachi since 2014. He holds an MBA, LLB (Gold Medal), LLM, MHRM
Ali, S. S., & Badar, S. (2010). Dynamics of circular debt in Pakistan and its (Gold Medal), and various certifications, blending practical
resolution. The Lahore Journal of Economics, 15(Special Edition), experience with academic expertise.
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