Dar stresses to reinvigorate role of PDF, SOEs

Islamabad: Finance Minister Senator Ishaq Dar has stressed to reinvigorate the role of Pakistan Development Fund (PDF) and State Owned Enterprises (SOEs) considering business plan, governance structure and financial viability with the concept of accountability to safeguard public assets.

As per the details, Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on SECP’s matters at the Finance Division.

SAPM on Finance Mr. Tariq Bajwa, Chairman SECP Akif Saeed and senior officers from the Finance Division attended the meeting.

The meeting discussed and reviewed the progress of Securities Exchange Commission of Pakistan (SECP) related to the role of Pakistan Development Fund (PDF) and State Owned Enterprises (SOEs). 

The meeting also discussed modalities for bringing improvement in the governance of SOEs & line ministries and restructuring of PDF in order to re-vitalize its role to promote infrastructure in the country in the context of SOE Act 2023.

Finance Minister Senator Ishaq Dar stressed to reinvigorate the role of PDF and SOEs considering business plan, governance structure and financial viability with the concept of accountability to safeguard public assets.

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