Minister for Information and Broadcasting Qamar Zaman Kaira categorically stated that Pakistan Steel Mills will not be privatized.
Addressing the Peoples Workers Union of Pakistan Steel Mills here on Wednesday‚ he said that efforts will be made to transform Pakistan Steels into a profitable entity and help it stand on its own feet. He said “we have already announced bailout package for Pakistan Steels and all the resources will be provided to revive it.” Kaira said that “we have a special affection for Pakistan Steel Mills as the foundation of this important institution was laid by Shaheed Zulfikar Ali Bhutto.” He said that employees of the institution will be given shares under Benazir Stock Option scheme after the revival of Pakistan Steels.
He concluded that “Shaheed Zulfikar Ali Bhutto gave the voice to the laborers and we will continue to pursue his philosophy for the empowerment of workers.”
They have piled on so much losses that the next govt will have to do it and the responsibility will not be that of PPP.
"…only the steel it produces will end up in private hands FOR FREE!!!!", he whispered to himself while fighting a big smile that kept trying to push his lips wide…..
yep. just like that bastard ZA Bhutto they will also destroy our industry
Compare where the PSM stood in 2008 with where it stands after 5 years of the glorious governance.
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