Privatisation debate

Dawn | Nov 17, 2019 at 7:09 AM
  • FOR a political party that did not highlight privatisation as a priority in its detailed election manifesto, and largely opposed all attempts at the same by previous governments, it is somewhat puzzling to see the energy with which the PTI is pursuing the matter now.
  • The urgency is such that the government is willing to disrupt the entire LNG supply chain just so that it can rip the two large power plants they wish to privatise out of their power purchase commitments.
  • Moreover, the government has not only readily written privatisation into the IMF plan, but also programmed the funds to be received from it as ‘revenue’ rather than as a financing item.