*ISLAMABAD – **PTI government decides to privatise five key governmentdepartments, media report has revealed.*
*The decision was taken by the** Cabinet Committee on Privatisation (CCoP)on Wednesday. CCoP approved the inclusion of State Life InsuranceCorporation (SLIC) as well as Islamabad Electric Supply Company (IESCO).*
The decision was taken in a meeting chaired by the adviser to the PrimeMinister on Finance and Revenue Dr Abdul Hafeez Shaikh to discuss fiveagenda items related to the ongoing privatisation programme of thegovernment.
The CCoP meeting also included Lahore Electronic Supply Company (LESCO) inactive list of the privatisation programme.
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Advisor Hafeez Sheikh said the government had decided to expedite theprocess of privatisation of some state-owned enterprises as it isconsidering privatising National Bank of Pakistan and State Life Insurance.
Besides, he said the government will restructure the rest of thestate-owned enterprises on a fast track basis to improve their performance.
