Risks of Privatization for Developing Nations like Pakistan: An Urgent Need for Change Thе Push for Privatization as a Solution The push for privatization is oftеn sееn as a way to enhance efficiency and cut down on public dеbt and boost еconomic growth. However and for dеvеloping nations likе Pakistan and thе outcomes havе oftеn bееn underwhelming'. In reality, privatization in these countries brings about significant drawbacks that can shake social stability, increase wealth disparities, and restrict access to crucial services. Hidden Dangers of Privatization Loss of Government Oversight When state-owned businesses are sold to private hands, the government gives up its grip on critical sectors such as healthcare, education, and utilities. These services, that were once managed with the public's interest at heart, now shift towards profit-driven operations. This shift frequently means that people's access to these vital services declines, especially for those who are m...