Caretaker Finance Minister Shamshad Akhtar has underscored the need of accelerating the process of privatization of loss making state owned enterprises to foster efficiency, productivity and enhancing overall revenue of the country. She made the remarks while chairing the inaugural meeting of Cabinet Committee on Privatization in Islamabad.
Regarding privatization and restructuring of PIA, the Cabinet Committee on Privatization decided to form a technical committee for resolutions of bottlenecks and directed the Aviation Ministry to work with Privatization Commission to present a detailed action plan with clear time framework. The Cabinet Committee constituted a committee led by caretaker Minister for Energy to present a viable plan with timeline regarding private sector participation in the management of DISCOs.
