ISLAMABAD: The Sindh government has asked the federal government to start negotiation for selling Pakistan Steel Mills (PSM).
Senator Saleem Mandviwalla, member of National Finance Commission from Sindh province, in a statement, said that the Sindh government will consider the offer of the federal government to acquire the PSM. The federal government should take Sindh government on board regarding privatisation of PSM by starting negotiations, he added.
“The Privatisation Commission has not consulted the Sindh government before offering to acquire PSM, as the commission has taken the decision by its own,” the Senator remarked who is also chairman Senate Standing Committee on Finance and Revenue. Mandviwalla asked the Privatisation Commission not take decision on selling loss-making entity in haste. The federal government has not offered to acquire PSM in a written, as we come to know through media reports, he said.
