PM orders maximum revenue from privatization process

ISLAMABAD: Advisor on Finance Shaukat Tarin and Minister for Privatization Muhammad Mian Soomro on Thursday called on Prime Minister Imran Khan here in Islamabad, ARY News reported.

During the meeting, the privatization minister briefed PM Imran Khan on progress in the privatization of Pakistan Steel Mills (PSM) and other state-owned institutions.

In the meeting, PM Khan directed for taking all possible steps to generate maximum revenue from the privatization process of the loss making state-owned enterprises.

The prime minister also asked Shaukat Tarin for taking measures to improve the performance of national departments.

Back in August this year, the Privatisation Commission of Pakistan had summoned applications regarding the revival of the Pakistan Steel Mills (PSM).

As per details, the privatisation commission through an advertisement has asked the investors to submit their applications seeking interest in PSM revival latest by September 30.

Both the national and international investors are encouraged to show interest in the revival of the Pakistan Steel Mills. I

It may be recalled that the Privatisation Commission is working for the revival of the national asset in line with the guidelines issued by Prime Minister Imran Khan and decisions taken by the federal cabinet.