Sale Sale Sale !!

[livingdead]

Pakistan Steel Mills and Pakistan State Oil deserved that long ago....the height of corruption in the metals and petroleum industry is immense due to huge sums of payments and transactions so a private firm would surely keep a good eye on its employees

next up should be
1. railways
2. PIA

Govt should sell all those companies that dont do public service. Railways are a public service utility, it should remain with govt. Not sure about national carrier, though.

 

[BATMAN]

Do we need to remind that it was the re-instated judiciary, which sent packing the Saudi investors.

As a result PPP broke records of corruption in the name of bail out packages.

Thousands of ghost employees were registered, on political grounds.

If we need a progressive Pakistan, than we need to get rid of cheap judiciary and its re-instaters on priority bases. Otherwise, they'll keep draging us back to dark ages.. where logic is not counted.

 

[pkuser2k12]

 

[BATMAN]

I always prefer a leader who have stakes in Pakistan, rather those who only buy French chateau and flats in London.

 

[Cheetah786]

its all part of loan deal with IMF to sell national revenue assets.

A loss off 500 billion/yr of borrowed money plus interest cant be considered a assets. 2 thumbs up to Prime Minister for getting rid of this loss and bring the national debt to 3 of the GDP.

 

[pkuser2k12]

pehlay sugar,flour,poltry,CNG,petrol,electricity mafia(mansha and company) jan nae chorti then ab naya izfa ho raha hay .

mulk private manipulators kay hawalay. jesay Reko Diq ka agreement b howa tha wesa hi ab privatization ho gi.

awam say 1000 kay 5000 nikalwaen gay seth.

 

[Major Sam]

Sell it to me for 100 Bucks @Leader

 

[khanboy007]

Govt should sell all those companies that dont do public service. Railways are a public service utility, it should remain with govt. Not sure about national carrier, though.

as if they SERVE the public in the first place

 

[Last Hope]

This is sense of failure, that the government cannot control their assets. You privatized power plants, now look at the result. It is all about money, not services. Anyways, where will the money end up? Hair transplant surgery or for the bullet train? Will the bullet train be privatized too?

 

[Leader]

A loss off 500 billion/yr of borrowed money plus interest cant be considered a assets. 2 thumbs up to Prime Minister for getting rid of this loss and bring the national debt to 3 of the GDP.

better add some points while addressing my post, than to "2 thumbs up" like a courtier !

here: read something to understand better options that can be worked out, without selling out the State to the corporations.

Dear Mian Sahib - Dr Farrukh Saleem

 

[Cheetah786]

better add some points while addressing my post, than to "2 thumbs up" like a courtier !

here: read something to understand better options that can be worked out, without selling out the State to the corporations.

Dear Mian Sahib - Dr Farrukh Saleem

Here let me debunk Dr sahib

Sir, starting in 1841, the government of Canada has been successfully managing a whole host of Crown Corporations – including Canadian National Railways, Petro-Canada, Air Canada and Canadian Broadcasting Corporation – by establishing an arms length relationship and shielding these corporations from political intervention.

This isn't 1841 this is 2013

Other then CBC which is being semi privatized all other corporation listed here have been privatized by the Canadian Government long time ago. CBC which is still under government hands is costing over a billion dollars/yr to tax payers while all other corporation listed above have become tax payers and cannot get a dollar worth of bail out period!!!!!!!!!!!!!!!!!!!.

Sir, in Singapore the economy is completely dominated by corporations owned or controlled by the government (up to 60 percent of the GDP is produced by government-linked corporations).

some one with more extensive knowledge on Singapore can help out here as i am not into oil and ships or financial services.but last i checked Temasek Holdings which controls Singapore Airlines, SingTel, ST Engineering Is investment company.Temasek has claimed that it is not strictly a sovereign wealth fund, in the sense that it "has to sell assets to raise cash for new investments and doesn't require the government to give approvals"

Temasek Holdings is an investment company owned by the Government of Singapore. With an international staff of 380 people, it manages a portfolio of about S$215 billion (US$174 billion) at end of March 2013,

Singapore is the world's fourth-leading financial centre, and its port is one of the five busiest ports in the world. The economy depends heavily on exports and refining imported goods, especially in manufacturing, which constituted 26% of Singapore's GDP in 2005. In terms of purchasing power parity, Singapore has the third-highest per capita income in the world.

Singapore economy is free of corruption as much as possible. pakistan is among the highest in the world when it comes to corruption.

500Billion/yr is a lot off money which can be used to bring down our debt and make handsome investment in our kids future by giving them free access to better education.