As indicated by an official public statement, the administration has expelled 14 State-Owned Enterprises (SOEs), including Pakistan International Airlines, Pakistan Railways,
As indicated by an official public statement, the administration has expelled 14 State-Owned Enterprises (SOEs), including Pakistan International Airlines, Pakistan Railways, and Pakistan Steels Mills from the rundown of organizations to be privatized.
It was stated that other SOEs which were removed from the list of privatization included;
- National Bank of Pakistan,
- Pakistan State Oil Company,
- Sui Northern Gas Pipeline,
- Sui Southern Gas Pipeline,
- Civil Aviation Authority,
- National Highway Authority,
- National Logistic Company,
- Trading Corporation of Pakistan,
- Printing Corporation of Pakistan,
- Utility Stores,
- Industrial Development Bank.
The meeting of the committee was held under the chairmanship of Senator Mir Muhammad Yousuf Badini.
It was expressed that different SOEs which were expelled from the rundown of privatization included;
- SME Bank,
- First Women Bank,
- Haveli Bahadur Power Plant,
- Parri Petroleum,
- Lakhra Coal Mines,
- Services International Hotel Lahore,
- Jinnah Convention Center Islamabad.
The gathering of the panel was held under the chairmanship of Senator Mir Muhammad Yousuf Badini. The panel was likewise educated that the administration needs to privatize eight SOEs on a need which incorporate;
The board of trustees was informed that the legislature would privatize the SOEs in the wake of placing them in benefit with the goal that the administration can get a sensible rate.
Priest for Privatization Mian Muhammad Soomro said that there was a risk of building roundabout obligations on the SOEs so they would be privatized on need. Representative Farooq H Naik said the First Women Bank ought not be privatized as it was an image of help to ladies from the legislature.
The gathering was likewise informed in insight regarding the procedure of privatization of K Electric. The gathering was gone to by Senators Farooq H Naik, Rubina Khalid, Abida Muhammad Azeem, Secretary Privatization Commission Rizwan Malik, and different authorities.