Finance Minister Senator Ishaq Dar has said that privatisation is one of the top most policy priorities of the government of Prime Minister Nawaz Sharif and the government would ensure transparency in the process. He made these observations during a presentation by the Privatisation Commission at the finance minister’s office on Wednesday. Dar was briefed about various stages involved in privatisation process and timelines. The minister directed that the schedule should be reviewed and made more realistic so that privatisation can be fast tracked. The finance minister said that privatisation of state-owned entities shall be carried out on fasttrack basis without compromising rules and regulations and in a transparent manner. He directed the Privatisation Commission to identify those state-owned entities that can be privatised in the first stage. The finance minister reiterated that no compromise on the transparency of the privatisation process will be tolerated. Privatisation Commission Secretary Amjad Ali Khan briefed Dar on the progress made so far in the transfer of properties to PTCL. Khan informed Dar that 64 SOEs (state owned enterprises) have yet to be privatised which were approved for privatisation by the previous government. The finance minister accepted a proposal of the Privatisation Commission that while reconstituting the boards of SOEs, one member of the board should be the nominee of the Privatization Commission.
Privatisation to be transparent, says Ishaq Dar
