PID

PR No. 105
Finance Minister Chairs Meeting of Cabinet Committee on State-Owned Enterprises
Islamabad: October 11, 2024

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) at the Finance Division today. The Committee considered a proposal by the Ministry of Planning, Development and Special Initiatives for categorization of the National Disaster Risk Management Fund, a non-profit public owned organization working for enhancing resilience to natural disasters, as a strategic State-Owned Enterprise (SOE) under Paragraph 9 of the SOEs (Ownership and Management) Policy, 2023. The Cabinet Committee reviewed the proposal and decided to declare the entity as an essential SOE. The Committee also considered and approved two separate proposals submitted by the Industries and Production Division for appointment on the Board of Directors of the Pakistan Industrial Development Corporation (PIDC) as well as the Board of Directors of the Pakistan Steel Fabricating Company Limited.

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PR No. 105 Finance Minister Chairs Meeting of Cabinet Committee on State-Owned Enterprises Islamabad: October 11, 2024

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PR No. 105
Finance Minister Chairs Meeting of Cabinet Committee on State-Owned Enterprises
Islamabad: October 11, 2024