Deputy Prime Minister and Foreign Minister Ishaq Dar has reaffirmed government’s commitment to implement Privatization Programme with transparency, efficiency and whole of government approach.

He was chairing a meeting of the Cabinet Committee on Privatization in Islamabad today.

The committee recommended that priority shall be accorded to reducing Federal Footprint in commercial space and limiting it to the Strategic and Essential State Owned Enterprises only.

It emphasized that even SOEs making profits shall also be considered for privatization.

The meeting, while approving 24 entities for Privatization Programme-2024-29, decided that inclusion of other SOEs in privatization programme will be taken upon completion of the review by Cabinet Committee on State-Owned Enterprises regarding categorization of Strategic and Essential SOEs.

The entities not categorized as strategic or essential will be placed before the Cabinet Committee on Privatization for decision regarding their inclusion in the Programme.

Source: Radio Pakistan