He issued these directives while presiding over a review meeting in Islamabad on Thursday on the Task Management System, designed to monitor the process of privatization of the government departments.
The prime minister further directed that the process of privatization of the designated departments should be accelerated without compromising transparency. He said the services of reputable lawyers should also be hired to remove legal hurdles in the privatization process.
Shehbaz Sharif said the privatization of departments is part of the government’s “Urban Pakistan” initiative. He said the government’s job is not to do business, but to take policy measures and facilitate business and investment.
PIA privatization: Government confident of better bid offers
PM Shehbaz Sharif said we are rapidly advancing towards improving the economy due to timely and necessary reforms. He said we have to work collectively for the development of Pakistan.
During the meeting, the premier was briefed about the Task Management System for Privatization.
The meeting was apprised about the timeframe for the privatization of various departments. It was informed that the privatization of the Federal Government’s departments has been divided into three phases.
Privatization of ten departments will be ensured in the first phase, thirteen departments in the second phase while privatization of the remaining departments will be ensured in the third phase.
Mutib Khalid is a skilled content writer and digital marketer with a knack for crafting compelling narratives and optimizing digital strategies. Excel in creating engaging content that drives results and enhances online presence. Passionate about blending creativity with data-driven approaches, Mutib Khalid helps brands connect with their audience and achieve their goals.