Prime Minister Shahbaz Sharif introduced the privatization of all government-owned enterprises besides strategic state-owned enterprises.
Prime Minister Shehbaz Sharif chaired a evaluation assembly on the affairs of the Ministry of Privatization and the Privatization Fee, wherein the Ministry of Privatization and the Privatization Fee introduced the roadmap for the privatization program 2024-2029.
The Prime Minister introduced the privatization of all government-owned enterprises besides strategic state-owned enterprises.
Addressing the assembly, Prime Minister Shehbaz Sharif mentioned that besides strategic state establishments, all different state establishments might be privatized whether or not they’re worthwhile or loss-making.
The caretaker federal cupboard authorized the privatization of PIA
Prime Minister Shehbaz Sharif directed all of the federal ministries to take all needed actions and to cooperate with the Privatization Fee, saying that the federal government’s job is to not do enterprise, the federal government’s job is to make sure a enterprise and investment-friendly atmosphere. For this, amenities and amenities must be supplied.
Shahbaz Sharif mentioned that the privatization of government-owned enterprises will save taxpayers’ cash and assist in enhancing the standard of service supply. Transparency ought to be given prime precedence within the strategy of privatization.