Privatization in Tagalog
Privatization in Tagalog is translated as “Pagpripribatisa,” “Pagpapasapribado,” or “Pribatisasyon” – terms describing the transfer of ownership from government to private sector. Understanding this economic concept is crucial for discussions about business, policy reforms, and government asset management in the Philippines.
[Words] = Privatization
[Definition]:
- Privatization /ˌpraɪvətaɪˈzeɪʃən/
- Noun: The transfer of a business, industry, or service from public to private ownership and control
- Noun: The process of making something private rather than public or state-owned
[Synonyms] = Pagpripribatisa, Pagpapasapribado, Pribatisasyon, Paglilipat sa pribadong sektor, Pagbebenta sa pribado
[Example]:
- Ex1_EN: The privatization of state-owned companies was a controversial government policy.
- Ex1_PH: Ang pagpripribatisa ng mga kompanyang pag-aari ng estado ay isang kontrobersyal na patakaran ng gobyerno.
- Ex2_EN: Many economists debate the benefits and drawbacks of privatization in developing countries.
- Ex2_PH: Maraming ekonomista ang nagdedebate sa mga benepisyo at disbentaha ng pribatisasyon sa mga umuunlad na bansa.
- Ex3_EN: The privatization of water services led to increased efficiency but higher costs.
- Ex3_PH: Ang pagpapasapribado ng mga serbisyo sa tubig ay nagdulot ng mas mataas na kahusayan ngunit mas mataas na gastos.
- Ex4_EN: Workers protested against the privatization of the national airline.
- Ex4_PH: Ang mga manggagawa ay nag-protesta laban sa pagpripribatisa ng pambansang airline.
- Ex5_EN: The government’s privatization program aims to reduce public debt and improve services.
- Ex5_PH: Ang programa ng gobyerno sa pribatisasyon ay naglalayong bawasan ang pampublikong utang at pagbutihin ang mga serbisyo.
