In business, Pakistan's government bleeds

Associated Press
In business, Pakistan's government bleeds

In this Saturday, June 8, 2013 photo, a passenger checks his e-ticket at Benazir Bhutto airport in Islamabad, Pakistan. Most of Pakistan's planes are more than 25 years old and not in the best of shape, its staff is bloated, and every flight is probably costing the state money instead of adding to its bottom line, with the carrier losing some $300 million a year. That’s emblematic of the problems with Pakistan’s state-owned enterprises, underlining how difficult it will be for Prime Minister Nawaz Sharif to carry out a key promise for rebuilding the economy, rescuing, reforming and possibly privatizing a slew of state companies. (AP Photo/Anjum Naveed)

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