The government’s recent divestment of United Bank Limited (UBL) shares has been termed the year’s best transaction in Asia and nominated for its awards by an international financial magazine `The Asset’.
Addressing a press conference here on Tuesday, Minister of State for Privatization Mohammad Zubair said that Pakistan Tehreek-e-Insaf (PTI) had published a white paper criticising government’s transaction of UBL shares but international financial institutions and magazines were praising the government’s economic policies.
He said that opposition parties had a right to criticise the government but presenting government’s positive actions in a negative sense was creating a negative impact on the country’s overall economy.
The minister said the name of a financial adviser had been finalised for the Allied Bank Limited (ABL) deal.
Published in The Express Tribune, November 20th, 2014.
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