World Bank flags concerns over privatisation approach
• Warns sale of SOEs to foreign states under G2G contracts may lead to litigation • Claims PTI govt’s Sarmaya-i-Pakistan model delayed reforms ISLAMABAD: The World Bank has raised concerns over Pakistan’s approach to privatising its state-owned entities (SOEs) and highlighted the adverse impacts of judicial activism, political nuisance, sale of K-Electric and what it called the botched Sarmaya-i-Pakistan model. The financial institution cautioned the … Continue reading World Bank flags concerns over privatisation approach
