FM for accelerating privatization process of loss making SOEs

MG News | April 27, 2022 at 09:18 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 27, 2022: Federal Minister for Finance and Revenue Mr Miftah Ismail has underscored the need of accelerating the process of privatization of loss making State Owned Enterprises (SOEs), a press statement issued by the Finance Division on Wednesday.

This will help SOEs to bring in a greater level of efficiency, productivity and competitiveness in their performance and enhance the overall revenue base of the country, he said during the meeting with Mr Abid Hussain Bhayo, Federal Minister for Privatization at Finance Division, today.

The proposed privatization plan was discussed in the meeting. Finance Minister assured full support in resolving all pending issues that are impeding the privatization of loss-making entities.

Chairman Privatization Commission Mr Saleem Ahmad also attended the meeting.

Press Release

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,070.00	64,215.00 63,875.00	-145.00 -0.23%
BRENT CRUDE	98.70	101.19 95.13	-1.99 -1.98%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	90.47	92.83 87.68	-1.72 -1.87%
SUGAR #11 WORLD	14.76	14.79 14.54	0.07 0.48%