Literature also suggests that privatisation has numerous negative implications on the economic, social and welfare fronts. With focus on privatisation since 1988, it has been observed that Pakistan also went through similar experience but with less severity. According to a report by Dr Pervez Tahir titled “Economic and Social Consequences of Privatisation in Pakistan”, the country has seen a decline instead of a positive impact on the economic, social and political indicators. Secondly, the offer was very good as it would have given less control to the private sector. Second, Pakistan needs to analyse what would be the impact of privatisation on the job market?

Source: The Express Tribune March 09, 2020 03:33 UTC