ISLAMABAD – Prime Minister Imran Khan has said privatization of stateenterprises, burdening the government exchequer, is in the nationalinterest.
He was speaking at a briefing in Islamabad today about capacity building ofstate enterprises under being run under the ministry of industries.
The Prime Minister said the main objective to privatize state enterprises,their merger, or giving them back to respective departments is to reduceeconomic losses and enhance their performance and capacity.
He said business community and change management experts will be consultedin this process. He directed the division of industries to expediteprivatization process of approved state entities to ensure completion ofthis procedure within the stipulated time.
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It was briefed that there are 38 organizations under Industries Divisionand nine of them will remain with it after privatization of 13 entities andmerger of ten others, while five will be transferred to respectivedivisions and provinces.
