01-01-2004, 11:58 PM
Somethings are more than just profits and losses.
The privatization of HBL will improve the overall governance and will create a sense of emancipation in the private sector. Privatizing big time companies also creates a positive image of the country in the eyes of the foreign investor. I guess that the government is ready to absorb short-term losses suffered through privatization of HBL and instead is hoping to reap its long-term benefits to the economy.
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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
The privatization of HBL will improve the overall governance and will create a sense of emancipation in the private sector. Privatizing big time companies also creates a positive image of the country in the eyes of the foreign investor. I guess that the government is ready to absorb short-term losses suffered through privatization of HBL and instead is hoping to reap its long-term benefits to the economy.
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
