Public sector entities: Privatisation on fast track basis

The target of privatisation of Public Sector Entities will be successfully achieved on fast track basis.


June 08, 2011

ISLAMABAD: The target of privatisation of Public Sector Entities (PSEs) will be successfully achieved on fast track basis through a transparent and open process which will reduce the fiscal burden and enable the government to get rid of the business activity, said Federal Minister for Privatisation Ghous Bux Khan Mahar. He stated this while addressing a meeting of the Board of Privatisation Commission here on Tuesday. The representatives of the Financial Advisory Consortium comprising of Citibank, Credit Suisse, JP Morgan and BMA Capital gave presentations to the Privatisation Commission Board regarding the transaction structure for the issuance of Oil and Gas Development Company Limited (OGDCL)’s Exchangeable Bonds.

Published in The Express Tribune, June 8th, 2011.

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