December 23, 2020: Federal Minister for Privatisation, Mohammedmian Soomro chaired a Privatisation progress review meeting in the Ministry today. Federal Secretary Privatisation and other senior officials of the Ministry and Privatisation Commission attended the meeting.

Federal Minister was briefed about the progress regarding various PSEs to be privatized in the current fiscal year, and which have also been made part of the Performance Agreement of the Division. Federal Minister stated that privatisation is a major part of current government’s economic reforms agenda, and urged all concerned to expedite the resolution of issues which might hinder the timely completion of these transactions. He informed the participants that the focus through privatisation is multi-pronged; it is not only profit- incentive but also to bring more efficiency in various public sector entities, and create employment, debt reduction and poverty alleviation.

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