Cabinet okays ordinance to sell assets

[Imran Khan]

why not just export more donkeys? pak gadda #1

aik PM ban gya hai aik CM ab kesy export kareen inko ? last one female gadhi hai usko bechna hamari ghairat gawara nhi kerti

 

[koolio]

This imported government has destroyed the economy to the point where they have to sell state assets, I think Pakistan defaulting is perilously close, otherwise PDM wouldn't pass the hasty ordinance.

Looks like PDM imported government is heading towards a Sri Lanka type situation fast.

 

[Olympus81]

Seems like IMF deal is not forthcoming or this could be part of IMF pre conditions.

Very disturbing.

Pakistan at mercy of it’s traitor government.

 

[Wood]

These gas supply pipeline companies are publicly listed. A small stake of government owned shares may be sold at premium. Good for domestic retail investors if the deal goes through. This will be FII and not loan. So better than the loan from Saudi last year? This can be negotiated with respect and is mutually beneficial for all parties. Please note that UAE will be taking risk as a minority stake equity investor and will only make a good return if the companies are run well by the Pakistani management

 

[Signalian]

emergency sale of state’s assets to foreign countries

Will it be a surprise if a Pakistani buys these under the name of a foreign company, after all some politicians and public are richer than Govt of Pakistan itself.

 

[Black.Mamba]

Will it be a surprise if a Pakistani buys these under the name of a foreign company, after all some politicians and public are richer than Govt of Pakistan itself.

This will more likely be the case. During the previous tenure of Dar and Mifta, Euro bonds worth over 500Mil$ at exorbitant rates were floated and the investment was made by Dar sons, bablu and dablu, and a few of their other relatives. Government bonds are the safest investment for them.

They rob the country, launder it, loan it back to the country and make huge profits on top of it. No other business in the world gives returns like that.

 

[Amaa'n]

Fahad Hussain - SAPM on Strategic Communication lectured 'ill informed' youth on Fake news and media manipulation at ISPR yesterday .... what else to expect from this system.....

 

[Azadkashmir]

buy firearm buy bullets etc. do you think a red blooded yank would allow foreign take over of his countrie's assets and the escapees to run off into the sunset.

this is the chance to take the country back and tell imf and the rest, your fault, you knew they were corrupt you did business with them without our say so fcuk off.

 

[SoulSpokesman]

While I am not in principle opposed to privatisation (subject to necessary safeguards against anti-competitive tendencies), and in fact support govt getting out of business; this certainly shouldnt be done at the behest of a government of dodgy legitimacy and even dodgier public support. This must be resisted and any privatisation must be done by a govt which has popular legitimacy.

IK is right ( for once) in opposing this

Imran opposes ‘sale’ of national assets

A day earlier, the cabinet approved an ordinance pertaining to the sale of national assets in a bid to overcome economic crisis.

www.dawn.com

How can imported government brought to power through US conspiracy, led by ‘crime minister’, whose family along with Zardari have volumes written on their corruption, be trusted with the sale of national assets and that too through bypassing all procedural and legal checks.

Regards

 

[LakeHawk180]

These gas supply pipeline companies are publicly listed. A small stake of government owned shares may be sold at premium. Good for domestic retail investors if the deal goes through. This will be FII and not loan. So better than the loan from Saudi last year? This can be negotiated with respect and is mutually beneficial for all parties. Please note that UAE will be taking risk as a minority stake equity investor and will only make a good return if the companies are run well by the Pakistani management

10-12% stake in a PSU is very different though. Everyone else on the Board will be bureaucrats with no actual skin in the game. If a Sheikh is appointed as a nominee director on these Boards, I can easily imagine a scenario where he would get to dictate a good part of the annual agenda.

 

[Wood]

10-12% stake in a PSU is very different though. Everyone else on the Board will be bureaucrats with no actual skin in the game. If a Sheikh is appointed as a nominee director on these Boards, I can easily imagine a scenario where he would get to dictate a good part of the annual agenda.

I doubt that UAE would want to control these companies. It is just something that the emir wants in return for the money because Pakistan has not been paying back. UAE can buy holdings in western companies with the same cash, but they choose to invest in Pakistan! This should not be viewed with suspicion

 

[Kharral]

1 nuke = 20 Billion USD.

Given that we have 100 plus we could become a trillion dollar economy overnight.

That’s a huge price for a Dalda Canister

 

[PakCan]

As long as Bajwa and his cronies get their share, sell everything,

 

[Kharral]

Kapry bik gaay shobazy ke?

Ye BC cartoon character Kapro mein Zehar lgta hai & you want to see this hideous creature naked ?
Ye Saza bhi milni chahiye Qom ko ?

 

[SD 10]

we should sell government assets that aren`t making any money...they are a burden ..PIA<RAILWAY<STEEL MILL ...they needs to be sold...but for that nobody trusts these goons!