Privatization has done more harm than good justify answer
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What we see today is that the banks are investing in government securities up to 60 percent while long-term financing to the private sector is zero. The credit to manufacturing and agriculture is too down while SMEs is much more neglected at present day the biggest-ever privatization of PTCL in 2005 had resulted in poor services by PTCL and Ufone which both had lost their customers to other competitors.
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