Public sector companies The public sector‚ sometimes referred to as the state sector or the government sector‚ is a part of the state that deals with either the production‚ ownership‚ sale‚ provision‚ delivery and allocation of goods and services by and for the government or its citizens‚ whether national‚ regional or local/municipal. Examples of public sector activity range from delivering social security‚ administering urban planning and organizing national defense. The organization of the
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Competitiveness Index GDP Gross Domestic Product GDR Global Depository Receipt GoP Government of Pakistan HBL Habib Bank Limited IFI International Finance Institution IMF International Monetary Fund IPO Initial Public Offering IPP Independent Power Producers MCA Monopoly Control Authority MTDF Medium Term Development Framework KESC Karachi Electric Supply Corporation KPT Karachi Port Trust KSE Karachi Stock Exchange NCBs
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new rules f. Government Accounting Standard (PPK) - standard & basis g. International Public Sector Accounting Standard (IPSAS’s) - standard by IFAC for global 2. Non-financial procedure Financial Provisions of the Federal Constitution (Art 96 to 112) 1. Objectives a. Establish general framework for control of public expenditure b. Provide good financial management systems c. Govern methods of public funds to be administered & accounted d. Define borrowings powers of Federal & State e
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Causes for loss of public enterprise What is enterprise ? The term “enterprise” has two common meanings: Firstly‚ an enterprise is simply another name for a business. we often come across this word when reading about start-ups and other businesses…“Simon Cowell’s enterprise” or “Michelle set up her successful enterprise after leaving teaching” etc. Secondly‚ and perhaps more importantly‚ the word enterprise describes the actions of someone who shows some initiative by taking a risk by setting
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However‚ there is one sector in which organized labors are at historic lows and are unlikely to rebound: government. This has severe implications for the nature of organized labor itself. Unionism grew in the private sector as a result of government support through the passage of laws and the establishment of regulatory bodies intended to encourage the expansion of unionism and collective bargaining throughout the workforce. On the other hand‚ union organizing in the public sector starterd only after
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Role of the public & private sector of tourism development * Public sector has an influence in tourism business. It is essential to outline the main policy instruments used by governments in order to manage tourism. * Public bodies influence tourism sector either directly‚ through organization with responsibility for tourism‚ which include: establishment of infrastructure‚ information services and creation of tourist attractions and facilities. Or‚ indirectly‚ through foreign policies
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Subject name: Macro Economics. Assignment topic: “Private sector vs. Public sector” Submitted by: Zareen Rana 12-BS-S-82 Submitted to: Miss. Aysha Sarfraz Submission date: Private sector vs. public sector * Private sector: The part of the economy that is not state controlled‚ and is run by individuals and companies for profit. In most free-market economies‚ the private sector is the sector where most jobs are held. This differs from countries
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assignment I am researching into the structure and the role of the public sector today. The Public Sector is services which are funded from the government via taxation. The services consist of many services the main services consist of the Fire service‚ the Armed Forces‚ the National Health Service and the Education System. These services are publicly owned and paid for by taxation‚ which means that the services are accountable to the public. These services are meant to aim to provide a good quality and
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“THEME: PROCUREMENT" INTRODUCTION Procurement is when the government is outsourcing of goods‚ services or works from the private sector. It is favorable that the goods‚ services or works are appropriate and that they are procured at the best possible cost to meet the needs of the public in terms of quality‚ quantity‚ time‚ and location. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing exposure to fraud and
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HIV/AIDS – An International Concern November 16th 2009 Abbreviations and acronyms AIDS : Acquired Immunodeficiency Syndrome ARV : Antiretroviral (drug) CDC : Centers for Disease Control G8 : Group of Eight GFATM : The Global Fund to Fight AIDS‚ Tuberculosis and Malaria HIV : Human Immunodeficiency Virus NGO : Nongovernmental Organization TERG : Technical Evaluation and Reference Group UN : United Nations UNAIDS : Joint United Nations Program on HIV and AIDS UNESCO : United
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