Holding company for state owned enterprises, Sarmaya-e-Pakistan incorporated: Asad

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Holding company for state owned enterprises, Sarmaya-e-Pakistan incorporated: Asad

Finance Minister Asad Umar says Sarmaya-e-Pakistan , the holding company for state owned enterprises, has been incorporated.

In a tweet, he said turning around the state owned enterprises and eliminating their losses is vital for economic turnaround of Pakistan.

The Minister added that losses are eating up resources which should be used for development and welfare.

Pakistan