ISLAMABAD – Prime Minister Imran Khan says completion of the privatisationprocess on fast track basis will help increase the government’s financialresources to start more public welfare projects.
Chairing a meeting to review progress on privatisation process in Islamabadtoday (Friday), he said it will help to ensure provision of health,education and other facilities to the people.
The Prime Minister said increasing the non-tax revenue is among toppriorities of the government.
He said the privatisation process aims at saving the national coffer fromdaily loss of millions of rupees besides handing over under-performinginstitutions to capable people, so that these are fully utilized accordingto their real potential.
Imran Khan rejected the impression that government only wants to get rid ofloss making institutions through privatisation.
The Prime Minister said running the institutions according to theircapacity while saving the national exchequer from loss, getting bestresults from institutions and overall improvement of the economy is themain soul of privatisation process.
He said the privatisation process will help improve the performance ofinstitutions that were not working according to their capacity for the lastmany years due to lack of attention.
Imran Khan directed that privatisation of all identified institutions becompleted in stipulated time frame. He said the government is committed toprovide all necessary resources to privatisation division in this regard.
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The Prime Minister also directed for ensuring the dynamic and fullest roleof all ministries involved in privatisation of assets and institutions.
He said the Prime Minister Office should be continuously updated onprogress regarding privatisation process and any hurdle in this regard beremoved.
Earlier, in his briefing Secretary Privatisation Rizwan Malik said thoseinstitutions and assets have been included in privatisation process thatare a burden on national exchequer or performing less than their capacity.
In addition, such public properties have also been included in the processwhich have been unutilized for years or are not profitable.
The Prime Minister was apprised that privatisation of various public sectorinstitutions is in last stages and deep interest is being showninternationally in the privatisation of these institutions.
