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Plundering Public Assets – Story of Privatization in Pakistan


By Abdul Khaliq/ Pakistan, under the gospel of market economy is aggressively pursuing the policy of market liberalization and privatization since 1991. Government of Pakistan during 1990s after being hit by economic downturn was forced to adopt Structural Adjustment Program (SAP) under IMF to reform economy suffering from macroeconomic instability. Under the SAP, it adopted the policy of market liberalization, privatization and deregulation. Pakistan, since then seems to have indulged in privatization binge under which plans have been set to sell ... Read More »