PML-N’s Five Years and Unfulfilled Promises

Download the Report in PDF:  PMLN – 5 Years and Unfulfilled Promises

For the first time in the history of Pakistan, a think tank has tracked the promises made by a political party in its Election Manifesto. The think tank is: Policy Research Institute of Market Economy (PRIME, based in Islamabad); and the party is: Pakistan Muslim League (N). The initiative was known as the “PML-N Economic Manifesto Tracking Report” and the funding for it was provided by the Center for International Private Enterprise (CIPE), an Institute of the USA’s National Endowment for Democracy (NED).

PRIME, aka Prime Institute prepared …

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How to Privatize Successfully – Part II

How to Privatize Successfully – Part I

If privatisation needs to be done, it has to be done because it is the decisive step in transforming the economic system. Regarding foreign help Dr Klaus is very blunt: I think that the typical foreign help was sending would-be advisors and consultants. It became one of the most profitable businesses in the 1990s – to become a consultant and advisor in the transforming societies.

Their recommendations weren’t useful and not very good. You have had some

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How to Privatize Successfully – Part I

Changing the economic system is not an easy task. And, of course, it is more complex when carried out half-heartedly. As privatisation is only a part of this process, it may not succeed if done in an isolated manner. It needs certain other changes and a competitive environment to bear fruit.
A case in point is Czechoslovakia. It provides us with a very good learning experience to see how after the fall of a collectivist state the gigantic task of changing the economic system was handled.
Presently, Dr Vaclav Klaus is

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Poor show

The credit for any reduction in poverty in the country goes to privatisation, de-regulation and liberalisation, not to the so called pro-poor expenditures.
Over a period of five years between 1999-2004, the government of Pakistan spent Rs.1 trillion on poverty reduction. According to the Finance Ministry, Poverty Reduction Special Programme included budgetary and non-budgetary expenditures both by the federal and provincial governments.
Now, the ‘Labour Force Survey 2005’ (first two quarters) reports that over the last five years, the government has spent a hefty amount of Rs.1332 billion on poverty-related and social sector programmes to help the poor and vulnerable

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