The Cabinet Committee on Privatisation on Friday directed to expedite the pace of work on privatization of SME Bank Limited and the PIA Investment Limited.
ISLAMABAD: Finance Minister Asad Umar chaired meeting of the Cabinet Committee on Privatization (CCOP) here Tuesday. The Secretary Privatization Commission made a detailed presentation to the committee on the privatization program pursued by the government over the last two decades.The committee discussed the objectives and rationale of the privatization program. It was noted that only one entity was privatized during the last five years, apart from divestment of shares in a few already privatized entities. The…