One of the benefits of privatization is that it improves service delivery. There is also improved efficiency and leads to more revenue generation.
what are the reasons for the privatization in Pakistan
Features of privatization
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privatization motives are the following : efficiency, receipts and the rationalism
merits and demerits of privatization of VSNL
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Mohammad Ishaq Dar is the Minister of Privatization for Pakistan.
One of the reasons for privatization is to ensure that a firm or organization gets better management. Privatization may also be one way to improve on profits.
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Aston Peterson Kajara is the Minister of State for Privatization for Uganda.
Privatization can be good if it eliminates the need for government monetary contributions to a governmental entity. An example would be the privatization of the United States Postal Service in the 1970's. Privatization can be bad if it raises the cost of goods or services to a rate which the consumer cannot possibly afford. An example of this would be the privatization of Bolivian water treatment plants in this decade.
Privatization developed a country's economy by strengthening the quality of the product.