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Govt raises Rs170b thru privatisation in 15 months

byCustoms Today Report
18/10/2015
in Business
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ISLAMABAD: The government has generated Rs170 billion through privatisation of national a institutions during last 15 months.

This was revealed by Privatization Commission Chairman Muhammad Zubair, while talking to a news channel. He said the government was ensuring transparency in the privatization process. He said the previous governments had planned to privatize many entities, but the same could not materialize due to several reasons. He said the present government had received international appreciation for privatizing institutions in a transparent manner.

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Zubair said the Sindh government had shown interest to take control of Pakistan Steel Mills. The federal government was ready to hand over the PSM to the provincial government if the latter was sincere in the deal.

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