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Privatisation And Issue Of Transparency

Privatisation and issue of transparency

Privatisation is the process of transferring ownership of a publicly owned business enterprise, agency, service, or property to the private sector. The true owners of the public business and its…

Budget 2014-15: Reforming Sales Tax System – I

Budget 2014-15: Reforming sales tax system – I

Taxation should serve as a catalyst for industrial expansion and economic growth. In Pakistan the ill-directed, illogical, regressive and unfair tax regulations are causing a dampening effect on the industrial…

Hazards In Privatisation

Hazards in privatisation

The government’s refusal to join the debate on its plans to privatise a large number of enterprises is only strengthening doubts about the soundness of the policy and the correctness…

PPO: A Good Law

PPO: a good law

The Protection of Pakistan Ordinance (PPO) promulgated in the third week of October 2013 amended in January 2014 has fuelled accusations by members of the opposition that the amendment was…

It’s All About Jobs

It’s all about jobs

The biggest problem faced by millions across Pakistan is unemployment. I am constantly bombarded with requests to get a son or nephew a job, preferably in a government department. Recently,…

SMEs A Neglected Lot.

SMEs a neglected lot.

National financial integration can best be evaluated through the progress of two principal processes: the share of the SME sector (the dominant national business employer) in national credit, and the…

Sell-off Of SOEs

Sell-off of SOEs

The federal government has announced its policy decision aim of privatisation of state-owned entities. This decision has been rejected by all major political parties, who have threatened to launch a…

Privatisation: The Right Way

Privatisation: the right way

For countries like Pakistan, the privatisation argument is mostly based on two elements. First, the fiscal argument that governments improve their financial positions by selling public business enterprises. Second, that…