CCoSOE greenlights revised SOE policy 2023, recommends to Cabinet for approval

MG News | November 15, 2023 at 04:28 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 15, 2023 (MLN): The Cabinet Committee on State-Owned Enterprises (CCoSOE) on Wednesday approved the revised State-Owned Enterprises (Ownership and Management) Policy 2023 and recommended it for Cabinet's approval.

A press release issued today highlighted that this decision was reached during CCoSOE's meeting in Islamabad, presided over by Finance Minister Dr. Shamshad Akhtar.

The main objective regarding state-owned enterprises (SOEs) is to reduce their presence within the public sector and simultaneously enhance the competitiveness, accountability, and responsiveness of those that remain.

Moreover, SOE Policy 2023 represents a critical step towards restructuring and modernizing our state-owned enterprises and economy.

To recall, during a meeting of CCoSOE on September 29, 2023, the interim finance minister underlined that the CCoSOE and the Central Monitoring Unit have to play a major role in ensuring the business plans of the SOEs are in line with the sectoral priorities.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,802.79 267.06M	-1.30% -2320.78
ALLSHR	106,568.29 617.78M	-1.25% -1352.24
KSE30	52,497.68 83.82M	-1.25% -665.92
KMI30	247,323.37 106.69M	-1.37% -3422.76
KMIALLSHR	68,315.26 363.70M	-1.37% -952.13
BKTi	49,936.11 23.35M	-1.18% -594.28
OGTi	34,758.02 9.23M	-1.71% -605.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,515.00	65,000.00 63,980.00	245.00 0.38%
BRENT CRUDE	88.26	88.38 83.71	4.03 4.78%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.65 -0.61%
ROTTERDAM COAL MONTHLY	119.80	120.30 119.80	0.00 0.00%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	81.77	0.00 0.00	-0.01 -0.01%
SUGAR #11 WORLD	14.82	14.94 14.39	0.38 2.63%