01-01-2004, 09:24 PM
01-01-2004, 09:35 PM
its clear that the Gov. will be suffering loss as Habab BAnk only was gaining 18%-19% of the total investment in the banking sector.
See privatization is jus like corruption.So its a big risk to privatize revenue generating factors.
sagZ
See privatization is jus like corruption.So its a big risk to privatize revenue generating factors.
sagZ
01-01-2004, 09:47 PM
hi;
yar i think govt. is not taking intrest in gaining money by managing these banks or companies like pso & others. govt. just want private sector to manage all these co.s and increase business in private sector to let govt. earn some revenue.... and i could also booost forieng investment.
aliz
yar i think govt. is not taking intrest in gaining money by managing these banks or companies like pso & others. govt. just want private sector to manage all these co.s and increase business in private sector to let govt. earn some revenue.... and i could also booost forieng investment.
aliz
01-01-2004, 11:58 PM
Somethings are more than just profits and losses.
The privatization of HBL will improve the overall governance and will create a sense of emancipation in the private sector. Privatizing big time companies also creates a positive image of the country in the eyes of the foreign investor. I guess that the government is ready to absorb short-term losses suffered through privatization of HBL and instead is hoping to reap its long-term benefits to the economy.
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
The privatization of HBL will improve the overall governance and will create a sense of emancipation in the private sector. Privatizing big time companies also creates a positive image of the country in the eyes of the foreign investor. I guess that the government is ready to absorb short-term losses suffered through privatization of HBL and instead is hoping to reap its long-term benefits to the economy.
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
01-03-2004, 07:13 AM
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>
Somethings are more than just profits and losses.
The privatization of HBL will improve the overall governance and will create a sense of emancipation in the private sector. Privatizing big time companies also creates a positive image of the country in the eyes of the foreign investor. I guess that the government is ready to absorb short-term losses suffered through privatization of HBL and instead is hoping to reap its long-term benefits to the economy.
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Agreed.
But my friend the whole bidding process was handled in such a hurry was surprising.
The offer of AKED was perhaps a little more than the counter party and it was surprising that govt. closed the deal when the lawyer of the counter-bidder (i m forgetting the name -a middle east company) told the press that they were ready to participate in second round for a better price.
... anyway MCB is a good example of improved services after privatisation. I hope it happens with HBL as well. (I am still confused as to the total price of the sale....its so low!!!!! )LOL
Somethings are more than just profits and losses.
The privatization of HBL will improve the overall governance and will create a sense of emancipation in the private sector. Privatizing big time companies also creates a positive image of the country in the eyes of the foreign investor. I guess that the government is ready to absorb short-term losses suffered through privatization of HBL and instead is hoping to reap its long-term benefits to the economy.
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Agreed.
But my friend the whole bidding process was handled in such a hurry was surprising.
The offer of AKED was perhaps a little more than the counter party and it was surprising that govt. closed the deal when the lawyer of the counter-bidder (i m forgetting the name -a middle east company) told the press that they were ready to participate in second round for a better price.
... anyway MCB is a good example of improved services after privatisation. I hope it happens with HBL as well. (I am still confused as to the total price of the sale....its so low!!!!! )LOL