PID

PR No.88
FEDERAL MINISTER FOR FINANCE AND REVENUE, MR. SHAUKAT TARIN, PRESIDED OVER THE MEETING OF THE CABINET COMMITTEE ON PRIVATIZATION (CCOP) HELD AT THE FINANCE DIVISION TODAY.
Islamabad: August 10, 2021

Federal Minister for Industries and Production, Mr. Khusro Bakhtyar, Advisor to PM on Institutional Reforms and Austerity, Dr. Ishrat Hussain, Federal Minister for Privatization, Mian Muhammad Soomro, Federal Secretaries, Chairman SECP and other senior officers participated in the meeting. Secretary privatization Commission briefed the Committee about the progress made with reference to the decisions taken during the last meeting of CCOP held in June, 2021. The Committee examined the substantive arguments for proceeding further with reference to the transaction structure for revival of Pakistan Steel Mills Corporation (PSMC). The meeting approved the proposal to issue the scheme of Arrangement as requested by PC and approved by PC Board. The Finance Minister urged the Privatization Commission to expedite the process of soliciting Expression by Interest (EOI) and try to close the transaction at the earliest. The Finance Minister appreciated the efforts of all concerned Ministries / Departments for their valuable contribution in the revival of PSMC.
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PR No.88 FEDERAL MINISTER FOR FINANCE AND REVENUE, MR. SHAUKAT TARIN, PRESIDED OVER THE MEETING OF THE CABINET COMMITTEE ON PRIVATIZATION (CCOP) HELD AT THE FINANCE DIVISION TODAY. Islamabad: August 10, 2021

SIGNATURES

OFFICIAL POSITION

DATE

PR No.88
FEDERAL MINISTER FOR FINANCE AND REVENUE, MR. SHAUKAT TARIN, PRESIDED OVER THE MEETING OF THE CABINET COMMITTEE ON PRIVATIZATION (CCOP) HELD AT THE FINANCE DIVISION TODAY.
Islamabad: August 10, 2021