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The writer is a practising lawyer. He can be reached at [email protected]
Privatisation in Pakistan has rarely been a deliberate or well-planned economic reform. More often, it emerges as a reluctant response to years of mismanagement. State-owned enterprises are routinely retained despite declining performance, political interference and weak accountability. Only after they have accumulated massive losses and unsustainable debt does privatisation suddenly become the chosen solution.
This pattern repeats itself across sectors with striking consistency.
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