The Uncertainty Around Energy Sector Reforms

Neil Oredian: The frequency and intensity of low shedding is rising with negative implications for the economy. But on the right side, we also discussed how there has been several initiatives launched by the government to cope with the energy crisis. There is a high level of uncertainty around the execution of all these energy sector initiatives,. We further downside risk to potentially arise from increasing level of rotating this year or some unknown event that could make reform more challenging than it is.