Privatisation

Saeed Ghani alleges PTI government eyeing 19,000 acres of steel mills land worth billions of rupees

Highlights interest shown by global investors in Pakistani airports

Deletes Section 172 of Companies Act, 2017, which bars such persons from becoming directors of companies

Privatisation is short-term solution with long-term negative implications

It will offer one-tenth shares to international firm having expertise in sector

Inter-ministerial coordination will further be improved for a robust privatisation programme, says PM Imran Khan

Says his party won’t allow govt to sell off national institutions

Govt looks for out-of-court settlement with Saudi firm that has filed case in international court

Report on institutional reforms reveals all scattered federal entities will be brought under a newly formed division

Sets minimum reserve price at Rs6.6b in a bid to raise money to pay off debt

Minister says global companies are participating in privatisation process

Chinese and Saudi Arabian companies stay away from the offer

PTI govt gives 3 of them to Naya Pakistan Housing Authority for building low-cost units

Calls for removing hurdles as govt wants to enhance non-tax revenue

Imran vows to provide maximum relief to common man

Cumulative loss of public sector firms has touched Rs300b per year

Appointment of advisers, settlement of liabilities and assets to take six months

Will sell one dozen enterprises, approves transaction structure for LNG plants

Privatisation Commission suggests either privatise power plants as one unit or sell them separately

Minister says govt has decided to privatise 17 national institutes

PC board gives go-ahead for hiring financial advisers for sale of these entities

Govt also puts plan of selling power firm on back burner

Lahore Airport among eight public entities to be privatised in first phase

Asad Umar vows to club taxes in next federal budget

Governor meets BNP-M delegation led by Ahmad Nawaz Baloch

Privatisation Commission (PC) board rejects proposals seeking delay in Mari Petroleum, FWBL, Services hotel sell-off

PC drops all bleeding companies like PIA and PSM from its active list of privatisation.

Senator Raza Rabbani calls for mobilising unions to achieve the goal

Move comes weeks after related cabinet panel gave go-ahead to privatise loss-making airline

Protesters maintain move will increase cost of health services

Where will we find the politicians who will not interfere in the workings of the airline

Loss-making state-owned entities causing unnecessary burden on fiscal operations

Daniyal Aziz says he would take the proposals to the Cabinet committee next week

Sales process will take longer than expected, says Saudi banker

It is far easier to employ market-based talent or high-calibre civil servants and reward them adequately

Approves sale of power companies, Rs141b liabilities settlement plan for PSM

Say no govt official came to negotiate so they will continue their protest today too

Outsourcing of services to be carried out after proper bidding

Minister says budget for health dept will be increased

Govt is looking to sell 18.39% stake in oil and gas exploration company to finance budget

Cabinet’s committee to review bidding and other related matters

Threaten stage demonstration outside Punjab Assembly if demands not met

Power sector inefficiencies have to be tackled head on

Laboratory, operation theatre technicians, dispensers take to the streets.

Reiterates that the corporation is elevating its revenue streams and does not need to be sold off

Civil Aviation Authority is not conducting the privatisation transaction to hand over three international airports

PC says it can also help restructure and improve the SOEs where required

More bailouts of SOEs may be seen, which may derail sell-off programme

It, however, requires continuous post-contract monitoring from local governments

PALPA president in favour while vice president, general secretary against sell-off