Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Wednesday deplored the failure of federal and provincial governments in power generation which was resulting into massive layoffs, retrenchments, decreasing income and shutting down of private businesses across the country. In a statement issued from the party’s media center, Imran Khan held the Pakistan People’s Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) governments responsible for the massive economic crunch which, he said, had held the government hostage to the policies of foreign powers and allowing the foreign countries to dictate their terms on Pakistan. The PTI chief expressed concern over the growing energy crisis in the country, stating that the energy shortage had been eating away almost Rs 600 billion per year of the GDP and also resulted in the decline of exports. The PTI chief maintained that the crises also caused closure and the shifting of small and big industry units abroad which further led to the devaluation of rupee and decline in the foreign exchange reserves. Khan said that the federal and provincial governments had badly failed in strategizing to deal with the problem in the past five years. He said that the year 2013 was also a year of severe negligence of accountability and the people of Pakistan would hold the federal and Punjab governments accountable for their sin of ignoring the miseries of the public and making a mockery of the energy crisis.