Govt to undertake disinvestment of public sector entities: Dar
The Finance Minister resolves to fully protect interests of employees of public departments.
Finance Minister Ishaq Dar has said the government is committed to undertake the disinvestment of public sector entities in a transparent manner and assured to fully protect interests of their employees.
He stated this during a meeting with Privatization Commission in Islamabad on Saturday.
The Minister said disinvestment would be undertaken following due process and observing all legal formalities to ensure transparency.
Chairman Privatization Commission Muhammad Zubair gave briefing on the status of various government departments and steps taken so far by the Commission to disinvest them.
The meeting was informed that the Lakhra Coal Power Project has been cleared by Cabinet Committee on Privatization for disinvestment.
The Finance Minister directed the Privatization Commission to prepare a summary for disinvestment of Lakhra Project for approval by the Council of Common interest‚ which is due to meet next month.