Finance Minister directs Privatization Commission to accelerate privatization - AsiaNet-Pakistan

Finance Minister directs Privatization Commission to accelerate privatization

January 4, 2021 | | Share:

Islamabad, January 04, 2021 (PPI-OT): Finance Minister Dr Abdul Hafeez Shaikh has directed the Privatization Commission to accelerate the privatization and management contracts of all entities and present implementation plan within a week to proceed further.

He was chairing a meeting of the Cabinet Committee on Privatization (CCoP) in Islamabad today (Monday). Privatization Division presented a summary regarding privatization status of National Power Parks Management Company Limited (NPPMCL) before CCoP.

Different scenarios were presented before the CCoP for changing the capital structure i.e debt-equity ratio of NPPMCL. The Chair also directed the sub-committee constituted for the NPPMCL to finalize its recommendations and place before the CCoP accordingly.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

Category: English, Official News