Pakistan considers mass privatisation drive as it seeks IMF bailout

[Zibago]

Best of luck ......... nalay CSS da program chalao ........ halay age v hay tay time v.

I am only 24 i got many years will go for CSS when life gives me more routine

 

[Nilgiri]

Get rid of steal mill .

I see what u did there

 

[HAIDER]

I see what u did there

Mittel and his company made feasibility report and said this mill on one the best ideal location in the world. He was willing to take over. But, when top to bottom all corrupt in govt. A profitable business turn into white elephant. Too many unions killed steel mill , MQM,PPP etc etc ... govt should get rid of it.

 

[Nilgiri]

@waz take look at some of the posts here...

 

[waz]

How about Public/Private ventures i.e. the government holds some stake without it being too stifling for private investors to want to run it?

 

[Nilgiri]

How about Public/Private ventures i.e. the government holds some stake without it being too stifling for private investors to want to run it?

Number of countries do that kind of thing....where the govt just has a investment holding company essentially (like Temasek of Singapore, and Switzerland + Scandinavian countries have them too)...where its simply financial investment to control something strategic etc that the govt thinks is needed.....but essentially its the govt participating as an investor in for profit industry etc.

This way you dont get a bunch of bureaucrats running the joint, getting fat and lazy and spending their time doing trade union bickering and nepotism etc....i.e the govt stays out of the actual running of the entity.

 

[ziaulislam]

if we privatize companies we should not go for imf as money received from privatization will be used to paydebts and increase reserves .the main goal is to make them more valuable before privatization to achieve maximum benefit and money from privatization

all private entities are in negative meaning there value is NEGATIVE

E.g estimated value of PIA is minus/- 250 billion rupees

So how come they exist...they shouldn't had they been private they would have filed for bankruptcy but they are govt owned and get unlimited credit via federal grantee

Consider a very rich guy(Pakistani govt) running a local hotel free of cost losing billoons (PIA)

So you will be lucky if you get rud of them for FREE

This what asad umar said...privitzation is easy but not anymore..as noone is going to buy them

Miftah famous quote is buy PIA and . get steel mills for free but i doubt anyone would do that..it would be cheaper to build a new airline and new steel mills

 

[Yaseen1]

all private entities are in negative meaning there value is NEGATIVE

E.g estimated value of PIA is minus/- 250 billion rupees

So how come they exist...they shouldn't had they been private they would have filed for bankruptcy but they are govt owned and get unlimited credit via federal grantee

Consider a very rich guy(Pakistani govt) running a local hotel free of cost losing billoons (PIA)

So you will be lucky if you get rud of them for FREE

This what asad umar said...privitzation is easy but not anymore..as noone is going to buy them

Miftah famous quote is buy PIA and . get steel mills for free but i doubt anyone would do that..it would be cheaper to build a new airline and new steel mills

liquidation is another option which involves selling assets of company and use proceeds from sale to pay debt of company but it will be effective if company assets value more or equal to it debts and it will lead to windup of loss making company so we are free from burden of loss and debts and can form new company to replace it

 

[tarrar]

I don’t see privatisation happening.