ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin on Thursday assured Corporate Restructuring Company Limited (PCRCL) of his full cooperation and support for revival of sick industrial units and making them profitable contributors for the economy of Pakistan.
The adviser was presiding over a meeting on revival of sick and closed units at Finance Division, according to press statement issued by the Finance Ministry.
The Adviser supported PCRCL on its endeavors for revival of sick and closed units and revitalizing the economy. He stressed for carrying out structural changes for viable working of PCRCL by reviewing its performance, capacity building of the management and financially strengthening the organization.
Earlier, Chief Executive Office, PCRCL gave a presentation on performance of the company and initiatives taken for the revival of sick units, businesses and clearing the bank balance sheets.
He also apprised the meeting on the impediments in the way of successful operations of PCRCL and sought support of the government.
Among others, Federal Minister for Industries and Production, Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, Secretaries finance, Industries, Chairman SECP, Deputy Governor SBP, MD USC, CEO PCRCL and senior officers participated in the meeting.
