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The Big Questions

Privatisation - Is it a must? | Junaid Iqbal | Ep 4

Pakistan International Airlines, Steel Mills...the list goes on. In total, Pakistan has 113 state-owned enterprises, which annually lose $4.11 billion per year. Why is this the case, and is privatisation a must? This is the fourth episode in a new series of videos I will be hosting, to try and understand Pakistan’s economic situation and how we got here. Join me as we take a deep dive into Pakistan’s development challenges, and its economic potential. In this episode we analyze Pakistan’s state-owned enterprises, and discuss some potential solutions to free the country from managing this burden. #pakistaninternationalairlines #pakistan #pakistanbudget #pakistanrupee #imfpakistan #junaidiqbal #loans #debt #pakistanieconomy #worldbank #rupee #pakistanrupee #taxes #taxreform #budget2024 #foryou #foryoupage ABOUT OUR SPONSOR ELEVATE PAY: Create a USD account for free at https://links.elevatepay.co/macro Elevate Pay provides freelancers and remote workers in emerging markets, including Pakistan, with FDIC-insured USD accounts through its sponsor bank, Bangor Savings Bank (Maine, USA). Elevate Pay streamlines USD payments with free, fast deposits from US and international employers, as well as platforms like Upwork, Fiverr, Deel, and Toptal. Online spending is enabled through a Mastercard debit card, and for remittances, Elevate offers market-leading FX rates. Elevate's mission is to ensure freelancers and remote workers worldwide get paid quickly and at minimal cost, maximizing their hard-earned income. This video is based on publicly available macroeconomic data on Pakistan. If you are interested in further reading, please see the following sources: www.finance.gov.pk/publications/Federal_Footprint_SOEs_Consolidated_Report_FY2020_22.pdf Subscribe to our channel and turn on notifications (🔔) so you don't miss any videos. Follow Pakistan &Counting on X: /PakAndCounting

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Privatisation - Is it a must? | Junaid Iqbal | Ep 4 See the full The Big Questions series

Time Stamps:

  • Introduction
  • Business of the state
  • Private Goods
  • Semi-private goods
  • Public Goods
  • State Owned Enterprises
  • Sponsor Message
  • Five loss-making SOEs
  • Pakistan International Airlines
  • Privatisation Arguments
  • Steel Mills
  • National Security
  • Privatization and jobs
  • National Refinery
  • MCB Bank
  • K Electric
  • Role of Government
  • Looking Forward
  • 12:52 One last question