This document summarizes the key differences between public and private sectors. The public sector is owned by government authorities and aims to promote economic development through infrastructure growth and job creation. The private sector is run for profit by individuals and companies to maximize shareholder satisfaction. The document discusses arguments for privatizing public sector enterprises to improve performance and reduce financial burden, but also identifies obstacles like lack of political will, underdeveloped capital markets, and inadequate enterprise preparation. It concludes that better governance is needed before further large-scale privatization.