A book by any serving head of the state is obviously going to be discussed to the bone, with every comma and semi colon analyzed and discussed. However, I hope that the President’s team is following the debate over the book very closely and hopefully picking up the signs, dangerous as they may be. Five years down the line General Mushraff might find himself bemoaning the date the book was launched and consider it the beginning of the end. Just what am I talking about? Read all about it in my weekly column in the POST entitled Fire, Fire and more Fire.
A fig leaf for corruption
October 2, 2006The present Pakistani government with Prime Minister Shaukat Aziz at the helm of the financial affairs have followed a steadily expanding privatization policy. Let me confess from the very onset that I am a strong supporter of privatization. My whole perspective on privatization can be summed up in this oft quoted question : Why are whales extinct and cows aren’t ? Well because no one owns whales. “However, I am convinced that the process that is being labeled as privatization presently is anything but. Privatization means breaking monopolies not creating them. Privatization involves open bidding and the winner would be the highest bidder not the hidden one. Privatization means that the government gets out of the business of being in business. It does not mean that the government formulates policies for one individual or company.
Therefore, although I stand for privatization per se, in Pakistan I stand with the anti privatizers .
I will close with one example. The Pakistan Telecommunication Corporation Limited (PTCL) shares have been sold to the Dubai based Estilaat. While there a number of gray areas in the deal one is : the GoP has promised Estilaat that no new permits will be issued to private telephone companies for the next twenty five years thus creating a monopoly.
This is not privatization in the interests of citizens.
Posted by theindividual
Posted by theindividual