Finance Minister directs Privatization Commission to accelerate privatization

By MG News | January 05, 2021 at 09:28 AM GMT+05:00

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January 05, 2020: Finance Minister Dr. Abdul Hafeez Shaikh has directed the Privatization Commission to accelerate the privatization and management contracts of all entities and present an implementation plan within a week to proceed further.

He was chairing a meeting of the Cabinet Committee on Privatization (CCoP) in Islamabad on Monday.

The privatization Division presented a summary regarding the privatization status of National Power Parks Management Company Limited (NPPMCL) before CCoP.

Different scenarios were presented before the CCoP for changing the capital structure i.e debt-equity ratio of NPPMCL.

The Chair also directed the sub-committee constituted for the NPPMCL to finalize its recommendations and place them before the CCoP accordingly.

Radio Pakistan

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