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Privatization In Pakistan
The privatisation process in Pakistan, sometimes referred to as denationalisation programme or simply the privatisation in Pakistan) is a continuous policy measure program in the economic period of Pakistan. It was first conceived and implemented by the then- people-elected Prime Minister Nawaz Sharif and the Pakistan Muslim League, in an attempt to enable the nationalised industries towards market economy, immediately after the economic collapse of the Soviet Union in 1989–90. The programme was envisaged and visioned to improve the GDP growth of the national economy of Pakistan, and reversal of the nationalisation programme in 1970s – an inverse of the privatisation programme. In the period of the 1970s, all major private industries and utilities were put under the government ownership in an intensified programme, called the nationalisation programme that led the economic disaster in Pakistan. Since then, the demand for denationalisation gained currency towards the endin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trends In Poverty - 1999 To 2008
A fad, trend, or craze is any form of collective behavior that develops within a culture, a generation, or social group in which a group of people enthusiastically follow an impulse (psychology), impulse for a short time period. Fads are Subject and object (philosophy), objects or behaviors that achieve short-lived popularity but fade away. Fads are often seen as sudden, quick-spreading, and short-lived events. Fads include fad diet, diets, clothing, hairstyles, toys, and more. Some popular fads throughout history are toys such as yo-yos, hula hoops, and fad dances such as the Macarena (song), Macarena, Floss (dance), floss and the Twist (dance), twist. Similar to habits or Convention (norm), customs but less durable, fads often result from an activity or behavior being perceived as Popularity, popular or excited state, exciting within a peer group, or being deemed "peer pressure, cool" as often promoted by social networks.Kornblum (2007), p. 213. A fad is said to "catch on" wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shaukat Aziz
Shaukat Aziz (born 6 March 1949) is a Pakistani-born British former banker who served as the 15th prime minister of Pakistan from 28 August 2004 to 15 November 2007. When his term as Prime Minister was over, he immediately left Pakistan and settled in the United Kingdom. Previously, he served as the finance minister of Pakistan from 6 November 1999 to 27 August 2004. Aziz was born in Karachi. He graduated from the Institute of Business Administration and later joined the corporate staff of the CitiBank Pakistan in 1969. He initially served as CitiBank financier, and became executive vice-president of Citibank in 1999. In 1999, Aziz entered politics on the personal request of Pervez Musharraf and moved to Pakistan from the United States to assume charge of the Finance Ministry as the finance minister. In 2004, Aziz was nominated by the Musharraf as his prime minister after taking resignation from Zafarullah Khan Jamali on 6 June 2004. Early life and education Shaukat A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Habib Bank Limited
Habib Bank Limited (often abbreviated as HBL) is a Pakistani bank headquartered at Habib Bank Plaza, Karachi with regional offices in Lahore and Islamabad. It is a subsidiary of Swiss-based organisation Aga Khan Fund for Economic Development (AKFED). Established in 1941 by the Habib Family, it the oldest bank in Pakistan post-independence. In 1972, the bank moved its headquarters to the Habib Bank Plaza which was the tallest building in South Asia at the time. It was nationalised in 1974 by the Government of Pakistan and privatised it in 2004; at that time, the Aga Khan Fund for Economic Development acquired a controlling share and management control. AKFED maintains significant shareholding in HBL to date. HBL is the largest domestic multinational company in Pakistan in terms of assets, and has repeatedly ranked as the top Pakistani company in the Forbes Global 2000. As of 2025, HBL is the fourth largest bank in Pakistan by market capitalization and serves about 15% of all P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muslim Commercial Bank
MCB Bank Limited is a Pakistani commercial bank which is based in Lahore, Punjab. It is majority owned by a group of companies affiliated with Nishat Group and Malaysian bank Maybank. MCB Bank is listed on the Pakistan Stock Exchange and the London Stock Exchange. History MCB Bank was incorporated as Muslim Commercial Bank in July 1947, shortly before the Partition of India, under the encouragement of Muhammad Ali Jinnah. The founders, Adamjee Haji Dawood and M. A. Ispahani, were joined by directors from major Muslim commercial and industrial families, including the Ispahani, Adamjee, Dada, Arag, and Amin Jute families. Among the founding members was also Khwaja Shahabuddin, a former member of the first Muslim ministry in Bengal from 1937 to 1940. In 1964, MCB became part of Adamjee Group. MCB was nationalised in 1974 during the government of Zulfikar Ali Bhutto. Subsequently, its shares were de-listed from the Karachi Stock Exchange after acquisition by the government of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power (politics)
In political science, power is the ability to influence or direct the actions, beliefs, or conduct of actors. Power does not exclusively refer to the threat or use of force ( coercion) by one actor against another, but may also be exerted through diffuse means (such as institutions). Power may also take structural forms, as it orders actors in relation to one another (such as distinguishing between a master and an enslaved person, a householder and their relatives, an employer and their employees, a parent and a child, a political representative and their voters, etc.), and discursive forms, as categories and language may lend legitimacy to some behaviors and groups over others. The term ''authority'' is often used for power that is perceived as legitimate or socially approved by the social structure. Scholars have distinguished between soft power and hard power. Types One can classify such power types along three different dimensions: [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benazir Bhutto
Benazir Bhutto (21 June 1953 – 27 December 2007) was a Pakistani politician who served as the 11th prime minister of Pakistan from 1988 to 1990, and again from 1993 to 1996. She was also the first woman elected to head a democratic government in a Muslim-majority country. Ideologically a liberalism, liberal and a secularism, secularist, she chaired or co-chaired the Pakistan People's Party (PPP) from the early 1980s until Assassination of Benazir Bhutto, her assassination in 2007. Of mixed Sindhis, Sindhi, Persians, Persian, and Kurds, Kurdish parentage, Bhutto was born in Karachi to a Bhutto family, politically important, wealthy aristocratic family. She studied at Harvard University and the University of Oxford, where she was President of the Oxford Union. Her father, the PPP leader Zulfikar Ali Bhutto, Zulfikar Bhutto, was elected prime minister on a socialism, socialist platform in 1973. She returned to Pakistan in 1977, shortly before her father was Operation Fair Play, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistani General Election, 1988
General elections were held in Pakistan on 16 November 1988 to elect the members of the National Assembly and Senate. The elections saw the resurgence of Pakistan Peoples Party (PPP) under the leadership of Zulfikar Ali Bhutto's daughter, Benazir. Supporters of President Muhammad Zia-ul-Haq, who had died in August 1988, reorganised themselves into a nine-party alliance, the Islami Jamhoori Ittehad (IJI) with support from the intelligence agencies. This marked the beginning of a decade-long two-party system between the left-wing PPP and right-wing IJI and its successor the Pakistan Muslim League (N). The PPP emerged as the biggest party, winning 94 of the 207 seats in the National Assembly. The IJI came second with 56 seats amidst a voter turnout of just 43%. The PPP was able to form a government with other left-wing parties, including the Muttahida Qaumi Movement (MQM), with Bhutto becoming the first female Prime Minister in a Muslim country. Background Parliamentary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GDP By Province
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjusted by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mian Mohammed Sharif
Mian Mohammed Sharif (Urdu: محمد شريف; b.1917 – 22 October 1997), was a Pakistani mathematician and senior bureaucrat. From 1974 until 1981, he served as the surveyor general at the Survey of Pakistan and briefly served as the senior scientist at the Geological Survey of Pakistan for most of his career. Biography Hailed from East Punjab, he was educated at the DAV College and went on to attend the Aligarh Muslim University (AMU) where he gained his bachelor's and master's degree in mathematics. After AMU, he moved to Lahore to attend the Government College University, where he gained a PhD in mathematics from the Government College University and briefly served as postdoctoral researcher at the Aligarh Muslim University. He joined the British Geological Survey (BGS) and opted for Geological Survey of Pakistan in 1947 where served as research scientist there. At the GSP, his work was mainly involved in extensive studying of Contour lines maps of Pakistan. In the 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ittefaq Group
Ittefaq Foundries, commonly known as Ittefaq Group, was a Pakistani integrated steel producer headquartered in Lahore. It was founded in 1951 by the Sharif family. At its peak, it was a manufacturer of diesel engines up to 200 hp, lathes, road rollers, agricultural equipment, and electric fans. Its steel division was sold to Al-Rehmat Group of Companies in 2004. History It was founded by seven brothers in 1939 as a small foundry. Among the founders, the major contributions were made by the brothers Mian Barkat Ali and Muhammad Sharif. It was set up with a total investment estimated at Rs. 15 million. The word ''Ittefaq'' means ''Unity'' in English language (implying unity among the 7 founding brothers). The father of Muhammad Nawaz Sharif (former Prime Minister), initially set up an iron-melting furnace in Lahore and quickly expanded this business in the early years of Pakistan. Upto 1960, the company expanded internationally. During 1965, they were the largest importers o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
N M Uqaili
N. M. Uqaili (full name: Nabi Mohammad Uqaili) was the Finance Minister of Pakistan and a Chairman of the Pakistan Industrial Credit and Investment Corporation (PICIC). Early life and career He headed the privatisation commission during Muhammad Zia-ul-Haq's government to study the condition of the state enterprises and served as the Governor of State Bank of Pakistan. He was known as a successful businessman. His granddaughter is Pakistani Pakistanis (, ) are the citizens and nationals of the Islamic Republic of Pakistan. Pakistan is the fifth-most populous country, with a population of over 241.5 million, having the second-largest Muslim population as of 2023. As much as ... politician Sharmila Farooqi. Retrieved 8 July 2018 < ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Industrial Credit And Investment Corporation
Pakistan Industrial Credit and Investment Corporation (PICIC) is a financial institution in Pakistan, one of the first development finance institutions established with the World Bank Group assistance in 1957. In 2007, PICIC Commercial Bank was bought by the Singapore-owned NIB Bank. History PICIC Insurance Limited is a part of the Temasek Holdings. NIB Bank Limited, a Temasek subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore The government of Singapore is defined by the Constitution of Singapore, Constitution of the Republic of Singapore to consist of the President of Singapore, President and the Executive. Executive authority of Singapore is vested in the Presi ..., through which is managed a portfolio of more than US$100 billion, focused primarily in Asia. In June 2016, the board of directors of PICIC Insurance approved the arrangement for the comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
