PM Shehbaz directs completion of privatisation programmes according to agreed timelines
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed officials to complete all stages of the government’s privatisation programme within the prescribed timelines. Presiding over a meeting in Islamabad reviewing the privatisation of state-owned enterprises, the prime minister instructed relevant ministries and institutions to work in close coordination to ensure that all targets and…
Prime Minister Shehbaz Sharif has directed officials to complete all stages of Pakistan's privatisation programme within the agreed timelines, according to a report by Dawn. The privatisation programme includes 27 state-owned enterprises, with progress reported on the privatisation of Pakistan International Airlines (PIA) and First Women Bank.
The meeting also reviewed the planned privatisation of Islamabad Electric Supply Company (Iesco), Faisalabad Electric Supply Company (Fesco), and Gujranwala Electric Power Company (Gepco), with expressions of interest from international companies and roadshows underway. The prime minister emphasised the importance of safeguarding the agricultural lending mandate of Zarai Taraqiati Bank Limited (ZBTL) during the privatisation process.
Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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