Prime Minister (PM) Mir Hazar Khan Khoso on Thursday directed the Ministry of Finance to collaborate with the Ministry of Production and the management of Pakistan Steel Mills (PSM) to work out a financial package for making the strategic financial asset a feasible entity. The premier issued these directions in a meeting held to review a bailout package for PSM at the PM House. The PM constituted a committee comprising representatives of ministries of finance and production and management of PSM to work out a business plan and present it to him for consideration as soon as possible. The meeting was attended by Minister for Production Shahzada Ahsan Ashraf Shaikh, PM’s Adviser on Finance Dr Shahid Amjad Chaudhry, finance, production and planning secretaries, the PSM chief executive officer (CEO) and other senior government officials.
