Tag: Privatisation

Protesting PIA employees lockdown HO over privatisation fears

The head office of Pakistan International Airline (PIA) remained closed on Monday because of employees’ protest in front of the premises against the proposed...

Strategic partnership, not privatisation

Dar says no employee to be laid off; says government committed to the revival of PIA Finance Minister Senator Mohammad Ishaq Dar said on Sunday...

Employees’ interests would be protected during privatisation: PC Chairman

  Privatisation Commission (PC) Chairman Muhammad Zubair said on Saturday that the government was focusing on long term economic strategies for sustainable economic growth. Talking to...

PM directs no layoffs from PIA

  Prime Minister Nawaz Sharif directed Finance Minister Ishaq Dar on Tuesday to ensure that no employee of PIA was laid off, after converting the...

Opposition stages walkout in NA protesting over PIA privatisation, new taxes

  Opposition in Lower House of the Parliament staged a joint walkout from the National Assembly against the proposed privatisation of Pakistan International Airlines (PIA)...

PPP rejects Presidential Ordinance to privatise PIA

  Senate Standing Committee on Finance and Revenue Chairman and PPP Senator Saleem Mandviwallahas on Monday warned that his political party along with other opposition...

Govt should avoid privatisation of profit earning entities: Opp leader

  Opposition leader in the National Assembly (NA) Syed Khurshid Shah said on Friday that the government should avoid privatisation of profit earning entities. “Privatisation process...

Patients suffer as paramedics protest Shaikh Zayed Hospital’s proposed privatisation

The paramedics of Shaikh Zayed Hospital on Saturday continued their protest in front of the administration block against the proposed privatisation of the institution...

Revival of probe into MCB’s privatisation irks Mansha: report

Prominent industrialist and entrepreneur Mian Muhammad Mansha has warned that revival of probe into Muslim Commercial Bank Ltd’s (MCB) privatisation after almost a quarter...

More revenues mean better economy: Dr Hussain

Pakistan’s economy could not face the budget deficit of Rs 500 billion but it has to create venues to meet its expenses through generation of taxes and privatisation of the public sector entities, said former State Bank of Pakistan (SBP) governor Dr Ishrat Hussain.

Plan to restructure PIA on cards, NA told

State Minister for parliamentary affairs says Privatisation Commission tasked to carry forward privatisation process of core activities of national airline by divesting 26 percent...

PPP steps up efforts to halt govt’s privatisation policy

Pakistan People’s Party (PPP) has started a campaign to unite provinces against the federal government’s policy of privatisation. PPP has called upon all provincial...

PM for transparent privatisation

Prime Minister Nawaz Sharif said on Thursday that the government upholds a very transparent policy of privatisation which is aimed at converting organisations into...

PAC opposes privatisation of state-owned fertiliser entity

A sub-committee of Public Accounts Committee (PAC) has opposed the privatization of state owned fertilizer entity by the government and directed that this entity...

PAC opposes privatisation of state-owned fertiliser entity

ISLAMABAD A sub-committee of Public Accounts Committee (PAC) has opposed the privatization of state owned fertilizer entity by the government and directed that this...

Opposition in Senate opposes privatisation policy

Opposition members in the Senate on Thursday opposed the privatisation programme and described it as anti-worker and against national interests. Speaking on a motion regarding...

‘Privatise the ones in losses first’

Public Accounts Committee (PAC) of National Assembly has directed the Privatisation Commission (PC) to give priority to the privatisation of “non-beneficial state-owned enterprises”. The PAC on Tuesday met PAC Chairman Syed Khurshid Shah in the chair. Dr Afzal Pachicho, Jawad Anwar Chaudhry, Shafqat Mehmood, Chaudhry Asad ur Rehman, Syed Naveed Qamar, Syed Kazim Shah, Mian Abdul Manan, Mehmood Khan Achakzai, Auditor General of Pakistan (AGP) Buland Akhtar Rana and officials of National Accountability Bureau (NAB), Federal Investigation Agency (FIA) and PC attended the meeting.