Privatization of loss making SOEs must be accelerated, directs Kakar

ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar has directed to accelerate the procedure of privatization of the State-Owned Enterprises (SOEs) facing financial losses

The directives were issued by the prime minister during a meeting with the Caretaker Minister for Privatization Fawad Hassan Fawad on Monday.

Anwaar-ul-Haq Kakar emphasized that the privatization of such SOEs was vital to save the national exchequer from further financial loss.

The prime minister in this regard lauded the role played by the Privatization Facilitation Council.

Last month, the caretaker premier had directed authorities to expedite the privatization process of loss-making Pakistan International Airlines (PIA).

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