Govt plans to privatize six state-owned entities: Minister tells NA

ISLAMABAD: Pakistan’s Minister of State for Parliamentary Affairs Ali Muhammad Khan Thursday stated that the federal government intends to denationalise six state-owned entities, ARY Information reported.

Talking on the flooring of the Nationwide Meeting, throughout the query hour, the minister stated that the federal government has deliberate to denationalise two RLNG crops, two banks, the Jinnah Conference Centre and Coal Energy Venture Lakhra.

He stated the federal government will even provide on the market its shares in Mari Petroleum.

Ali Muhammad Khan stated that the federal government had offered its PPL shares throughout the PML-N authorities tenure.

He knowledgeable the decrease home that the federal government was not contemplating to denationalise the Pakistan Metal Mills (PSM). He stated that the Metal Mills is a nationwide asset of the nation just like the establishments akin to Pakistan Railways, Pakistan Publish and many others.

The minister stated that PSM was faraway from the listing of privatization and the federal government was dedicated to revive the establishment to make it a worthwhile entity.

Khan advised the home the Privatization Fee efficiently performed 5 privatization transactions throughout 2014-18, producing proceeds amounting to Rs 172.9 billion.

Replying one other query, the minister stated that a world stage analysis college might be constructed on the Prime Minister Home as per the promise made by the prime minister.

Feedback

feedback

Show More

Leave a Reply

Govt plans to privatize six state-owned entities: Minister tells NA

ISLAMABAD: Pakistan’s Minister of State for Parliamentary Affairs Ali Muhammad Khan Thursday mentioned that the federal government intends to denationalise six state-owned entities, ARY Information reported.

Talking on the flooring of the Nationwide Meeting, through the query hour, the minister mentioned that the federal government has deliberate to denationalise two RLNG vegetation, two banks, the Jinnah Conference Centre and Coal Energy Challenge Lakhra.

He mentioned the federal government can even provide on the market its shares in Mari Petroleum.

Ali Muhammad Khan mentioned that the federal government had offered its PPL shares through the PML-N authorities tenure.

He knowledgeable the decrease home that the federal government was not contemplating to denationalise the Pakistan Metal Mills (PSM). He mentioned that the Metal Mills is a nationwide asset of the nation just like the establishments similar to Pakistan Railways, Pakistan Submit and so on.

The minister mentioned that PSM was faraway from the checklist of privatization and the federal government was dedicated to revive the establishment to make it a worthwhile entity.

Khan informed the home the Privatization Fee efficiently performed 5 privatization transactions throughout 2014-18, producing proceeds amounting to Rs 172.9 billion.

Replying one other query, the minister mentioned that a global stage analysis college might be constructed on the Prime Minister Home as per the promise made by the prime minister.

Feedback

feedback

Show More

Leave a Reply

Close