Experts have said that the current internal as well as the international situation was not conducive for the out right privatisation of the loss making public sector enterprises and the best options before the government were to either to appoint professional management or pursue the public private partnership course. The Pakistan Institute of Development Economics (PIDE) organised a seminar under the theme of Privatisation: New Imperatives, where a book titled “The Impact of Privatization in Pakistan” by Dr Akhtar Hasan Khan was launched.
Speaking on the occasion, Vice Chancellor, PIDE, Dr Rashid Amjad said policy stances which reflect our best economic interests and take into account the political economic dimensions. Pakistan’s experience clearly shows that public sector has not delivered and the real challenge now is to find ways of increasing efficiency and productivity of loss making enterprises.
