The government’s increasing energy and electricity subsidies pose a systematic challenge and barrier not only in public finances, but also to new mega-projects like the metro. The Finance Minister isn’t factoring this problem in his concerns about the metro project and this is why there is no definite plan to cut back on energy and electricity tariffs.
If the government builds a metro and keeps the current energy and electricity systems of the country as they are, the government risks exponentially increasing these electricity and energy subsidies to subsidise the metro or any other mega-project.
Clearly, the government can’t keep ignoring the elephant in the room about public finances and has to make sure to address this problem by finding solutions to source or produce cheap electricity.
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