At a time when Pakistan is staring down the barrel of economic prudence, privatisation has become an economic imperative. With IMF placing it squarely at the heart of structural reforms, and the country's public sector bleeding taxpayer money, there is little doubt about what needs to be done. And yet, decades into this realisation, Pakistan has not managed to privatise even a single major loss-making entity.

Now, the government has unveiled yet another roadmap — a five-year, three-phase........

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