Directs PC to prepare summary for privatisation of Lakhra Project for approval by CCI
ISLAMABAD-
Federal Minister for Finance Senator Ishaq Dar has reiterated that the government was committed to undertake the disinvestment of public sector entities (PSEs) in a transparent manner and shall fully protect the interests of the employees working in PSE’s. Disinvestment, he said, would be undertaken following due process and all legal formalities would be observed.
He made these observations during a meeting with the Privatisation Commission at the finance ministry to review the progress in the disinvestment of PSEs.
Privatisation Commission Chairman Muhammad Zubair briefed the finance minister on the status of various PSEs and the steps taken so far by the Privatisation Commission to disinvest them.
The finance minister was informed that the Lakhra Coal Power Project had been cleared by Cabinet Committee on Privatisation (CCOP) for disinvestment. The finance minister directed the Privatization Commission to initiate a summary for disinvestment of Lakhra Project for approval by the Council of Common interest (CCI) which is due to meet shortly.
The meeting was attended by Secretary Finance Dr Waqar Masood, Advisor to the Ministry of Finance Rana Asad Amin, Secretary Privatization Commission Amjad Ali Khan and senior officials of the finance and Privatisation Commission.
-INP
THE HONORABLE FINANCE MINISTER MR..ISHAQ DAR IS REQUESTED TO REVIEW THE GST ON THE SAIVINGS OF POOR AND AGED ACCOUNTS-HOLERS IN THE VARIOUS INVESTMENTS SCHEMES IN PAKISTAN POST,AS THEY HAVE NO OTHER SOURECES FOR THIER SAVINGS.AS THEIR INVESTMENTS ARE PLAYING A VERY VITAL ROLE IN THE ECONOMY OF THE COUNTRY AND IN RETURN THEY ARE NOT FULLY BENEFITTED.
Comments are closed.