In the 222nd meeting of Privatization Commission Board chaired by Federal Minister for Privatization, Board of Investment and Communications Abdul Aleem Khan in which important decisions regarding the ongoing process of privatization of various Government Institutions and financial & technical aspects were approved.
In the Board meeting, decisions on appointment of Financial Advisors for PIA, DISCOs, Roosevelt Hotel in New York and other decisions were unanimously approved by PCB, as well. Federal Minister for Privatization Abdul Aleem Khan said that the national exchequer should be saved from the burden by privatizing loss-making institutions. He observed that privatization is very much important sector in which transparency will be ensured at all costs. Federal Minister Abdul Aleem Khan further said that we have to make better, solid and lasting decisions in the wider national interest. He said that any institution that meet criteria and follow the rules and regulations must be given chance to take part in the privatization process. Federal Minister Abdul Aleem Khan expressed his satisfaction over the performance of the Privatization Commission Board and said that the inclusion of Financial Advisors from world-class firms is a good omen.
