Federal Minister for Investment Board, Communications, and Privatization, Abdul Aleem Khan chaired a meeting of the Privatization Commission Board.
Important issues related to the privatization of government institutions were approved, and it was agreed to appoint financial advisers and address other technical matters for the institutions set to be privatized.
Federal Minister Abdul Aleem Khan expressed his satisfaction with the performance of the Privatization Commission Board, stating that by privatizing loss-making institutions, the country's exchequer would be relieved of the financial burden.
He emphasized that transparency would be ensured in the privatization process and welcomed the involvement of financial advisers from world-class institutions.
The minister stressed the importance of making the best decisions in the broader national interest, noting that the national treasury has already suffered significantly and can no longer bear additional financial pressure. Any institution that meets the rules and regulations will be considered for privatization.
