Privatization of Public Sector

Privatization is presented as being the only alternative to an inefficient, corrupt state. In fact, it is not a choice at all... it is a inversely profitable business contract between the private fraternity (preferably foreign) and the ruling elite of the Third World Arundhati Roy ISLAMABAD: Pakistan has befogged an unbelievably high amount, more than Rs8,500 billion (Rs8.5 trillion or US$94 billion), in corruption, tax evasion and bragging(a) governance during the last four years , Transparency internationalistic Pakistan (TIP) claims. The News,Front Page,5 Feb 2012.

ABBREVIATIONS ADB Asian teaching Bank CMDP Capital Market increase Program CPS Country Partnership Strategy DFI Development pay Institution FDI Foreign Direct Investment GENCOs Generation Companies GCI world(a) Competitiveness Index GDP Gross Domestic Product GDR international Depository Receipt GoP Government of Pakistan HBL Habib Bank Limited IFI global Finance Institution IMF International Monetary Fund initial public offering Initial frequent Offering IPP Independent Power Producers MCA Monopoly dictation pronouncement MTDF Medium Term Development Framework KESC Karachi electrical Supply Corporation KPT Karachi Port Trust KSE Karachi Stock transpose NCBs Nationalized Commercial Banks NEPRA National Electric Power Regulatory billet NHA National Highway Authority NICL National Insurance gild Limited NRL National Refinery Limited OGDCL Oil and Gas Development Corporation Limited OGRA Oil and Gas Regulatory Authority PC Privatization Commission PEMRA Pakistan Electronic Media Regulatory Authority PPID Pakistan backstage Infrastructure Development PPL Pakistan Petroleum Limited PPP Public Private... If you want to get a full essay, order it on our website: Ordercustompaper.com

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