ISLAMABAD: Finance Minister Senator Ishaq Dar organised a meeting on Tuesdayto review matters related to privatisation at the Finance Ministry.
Privatisation Commission Chairman Mohammed Zubair informed the minister regarding the status of the current privatisation transactions. He briefed him on the status of several state owned corporations including Pakistan Steel Mills and SME Bank.
Dar declared that the government’s top priority is to ensure that fair and open transactions must be conducted.
He added that the government was actively working to resolve the financial bleeding caused to the national exchequer by loss-making state-owned enterprises.
He further added that the government makes a decision based on the restructuring or privatisation of each loss-making entity on a case-by-case basis while focusing on specific circumstances of each entity that leads to the best interests of the people of Pakistan.
Darurged the commission to complete the ongoing transactions on time. However, the commission should ensure that there is no compromise on the laws and regulations.
Senior officials of the Finance Ministry and Privatisation Commission attended the meeting.
