Dr. Farrukh Saleem Unveils The Bloodbath of National Assets in Pakistan
Dr. Farrukh Saleem dissects the harsh reality of privatization in Pakistan. The staggering figures reveal a grim scenario – PIA’s assets at 750 billion, yet losses soaring at 7.5 billion; Pakistan Steel Mills hemorrhaging Rs. 70 billion every six months. A whopping 200 public sector enterprises contribute to an annual loss of 180 billion, with a government subsidy reaching a staggering 1000 billion. In a country where 1400 Arab funds are dwindling rapidly, Saleema argues that urgent attention is needed. The system, as it stands, is unsustainable. The government, seemingly unqualified and incapable, has left the nation in a state of immobilization. With no national assets left, sectors like education and health are suffering, as bureaucrats and politicians engage in conspiracies, leaving a void of vision and agency.
