PM for protection of rights of workers during privatization

News Image

MG News | June 28, 2018 at 04:47 PM GMT+05:00

0:00

Prime Minister Justice (Retd) Nasir-ul-Mulk Thursday said protection of the rights and legitimate interests of the workers was an important aspect of the privatization process and must be accorded priority.

He was chairing a briefing on working of the Privatization Commission here at the Prime Minister Office, where he was informed in detail about the latest status of the privatization process of Pakistan Steel Mills, Pakistan International Airlines and Karachi Electric Supply Corporation.

The Prime Minister said it was important for the government to ensure that the terms of agreement in any transaction were not altered at any stage. He directed the Privatization Commission to conduct an analysis of the entire process to learn from experience and improve the future privatization of state entities.

Secretary Privatization Irfan Ali, Additional Secretary to Prime Minister Dr. Kazim Niaz and senior government officials attended the briefing. Secretary Privatization made a detailed presentation on the mandate and performance of the Privatization Commission. It was informed that since 1991, a total of 172 entities have been privatized generating a revenue of Rs. 678.9 billion.

The Prime Minister was informed that the privatization process has remained on the agenda of all successive governments and has continued unabated.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg