Q32. What was the privatization and industrialization process which started during the Musharraf Era?

Ans: Privatization and Industrialization During the Musharraf Era:

Before Pervez Musharraf, Benazir Bhutto and Mian Muhammad Nawaz Sharif

started privatization process. Its aim was to end poverty and the payment of

foreign loans. In Musharraf and Shaukat Aziz’s government, the income from

privatization was spent on the payment of foreign loans and social welfare. The

Privatization Commission sold 26% shares of the PTCL to Etisalaat, a Dubai

company, Pak-Arab Fertilizer of Mirpur Mathelo for 8 billion, the Pak-Arab

Fertilizers of Multan for 13 billion, and Pak American Fertilizers, the largest

government factory, was sold for 16 billion rupees. The Musharraf and Shaukat

Aziz’s government earned 2.5 billion dollars in a year through privatization.

Related Questions:

  1. Q.i Write two duties of the union Council.
  2. Q.iii Why did President Ghulam Ishaq Khan dismiss the Benazir Bhutto government?
  3. Q.iv Write two measures taken for women in the Musharraf government.
  4. Qv.Under which law did America discontinue the supply of defence armaments to Pakistan?
  5. Q.vi What is meant by Lahore Declaration?
  6. Q.vii Why is the 1973 Constitution called the federal constitution?
  7. Q.viii What was the limit of the agricultural land which Prime Minister Zulfiqar Ali Bhutto fixed for the individual holding?
  8. Qix. Under which amounts were the habib bank and the UBL privatized .
  9. Q.x. In which election was Graduation made conditional for the candidates?
  10. Q1.Who was the first civilian Martial Law Administrator of Pakistan?
  11. Q2.What was the first speech made by Zulfiqar Ali Bhutto?
  12. Q3. Explain the main aspects about nationalization of banks and insurance companies announced by Zulfiqar Ali Bhutto.
  13. 04. Describe the new fabour pottey announced by Bhutto’s government in 1972?
  14. Q3. What were the main aspects that Bhutto’s government announced to save farmers from exploitation?
  15. Q6. What were the positive impacts of the nationalization on industry?
  16. Q7.What were the negative impacts of nationalization on industry?
  17. Q8.What were the positive impacts of nationalization on education?
  18. 09. What were the negative impacts of nationalization on education?
  19. Q10. What were the positive impacts of nationalization on commerce and trade?
  20. Q11. What were the negative impacts of nationalization on commerce and trade?