Federal Government Reviews Privatization of State-Owned Enterprises

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By Syed Muhammad Yaseen Hashmi

Islamabad: A meeting chaired by Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar reviewed the progress of the privatization of state-owned enterprises (SOEs). The session focused on assessing ongoing efforts and discussing a roadmap for transparent, competitive, and effective privatization.

Senator Ishaq Dar emphasized that the goal of privatization is to encourage private sector investment and enable these enterprises to operate more efficiently according to market demands. He highlighted the importance of fair market valuation, taking into account both existing assets and future business potential.

The meeting was attended by the Finance Minister, Minister of Economic Affairs, Minister of Commerce, Special Assistant to the Prime Minister on Privatization Tariq Bajwa, the Prime Minister’s Advisors, the Attorney General of Pakistan, Secretary of Privatization, and Secretary of Defence.

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