CHAIRMAN'S REVIEW

Mohammad Zubair


 

Privatisation is an important policy tool for generating growth and addressing structural imbalances by removing artificial barriers and opening up the economy to competition. Privatisation program is part of the economic reforms agenda of the Government that along with deregulation, restructuring and good governance seeks to enhance growth and productivity in the economy by harnessing the private sector’s capital and managerial potential as engine of growth and gradually decreasing Government’s role to providing level playing field and favourable business climate. The Government will, therefore, systematically come out of the “business of running businesses” and industry through privatization of public enterprises (PEs) and confining its role to:

• Making policy and providing good governance

• Providing a sound and effective regulatory framework

• Ensuring social equity economic justice

• Providing enabling environment, including physical and technical infrastructure and social services.....read more

Privatisation is an important economic reform policy tool for generating growth and to erase structural

inefficiencies by removing false barriers and opening up the economy to competition. The Privatisation program is part of the economic and structural reforms agenda of the Government that along with deregulation and good governance seeks to enhance the growth and productivity of Pakistan’s economy by harnessing the private sector as its engine of growth. It takes an integrated approach towards enhancing the private sector’s role and goes beyond just a transfer of public assets to the private sector by identifying the linkages and role of regulation, good governance, market competition in fostering....read more

Our long-term vision is a government that focuses on good governance and regulation, while

fostering conditions to provide incentives for the private sector to invest, in providing goods and services efficiently. This would generate employment opportunities, which is necessitated by business development and would ultimately decrease unemployment and poverty alleviation. In short, we believe that the Government has no business being in business. The Privatisation Commission can help to put business into the right hands while freeing the Government to focus on such matters as ensuring law and order and making sure that the enabling framework is conducive to investment while being fair to consumers and the taxpayers....read more