PR No. 18 FINANCE MINISTER CHAIRS MEETING TO REVIEW MATTERS RELATED TO PRIVATIZATION Islamabad: January 3, 2017
Federal Minister for Finance, Revenue, Economic Affairs, Statistics& Privatization, Senator Mohammad Ishaq Dar, chaired a meeting here today at the Finance Ministry to review matters related to Privatization.
Chairman Privatization Commission Mohammad Zubair briefed the Minister on the privatization program approved by the Cabinet Committee on Privatization (CCOP). He briefed the Minister on the status of the ongoing privatization transactions and post-privatization matters. He also briefed the Minister on the performance of the Privatization Commission for the six-month period ended 31st December 2016.
Finance Minister emphasized that the Privatization Commission should undertake all necessary efforts to complete the ongoing transactions in a timely manner in accordance with processes defined in the Privatization Commission Ordinance, 2000. He urged the Privatization Commission to ensure that privatization transactions are conducted in an open, fair and transparent manner. He said that the privatization program is a major component of the present government’s home-grown structural reforms agenda.
The meeting was attended by senior officials of the Ministry of Finance and Privatization Commission.