'The Public Private Partnership Authority Bill' 2016 approved by Senate Committee

Shares
'The Public Private Partnership Authority Bill' 2016 approved by Senate Committee

ISLAMABAD: (APP) Senate Standing Committee on Finance and Revenue Tuesday passed 'The Public Private Partnership Authority Bill,' 2016 with certain amendments in its meeting held here.

The Committee presided over by Senator Saleem Mandviwala thoroughly considered "The Public Private Partnership Authority Bill, 2016." The bill aims to provide regulatory and enabling environment for private participation in provision of public infrastructure and related services through fair and transparent procurement has already been passed by the National Assembly.

The Committee deferred further consideration on "The Limited Liability Partnership Bill, 2017," as it sought detailed view point of the Securities and Exchange Commission of Pakistan (SECP) on the bill in its next meeting.

Ministry of Finance and higher authorities of State Bank of Pakistan briefed the Committee on the re-payments against foreign debt since June, 2013 to January, 2017. The Committee expressed its satisfaction on the reply of the authorities concerned.

The meeting was attended by Senators Ayesha Raza Farooq, Kamil Ali Agha, Osman Saifullah Khan, Muhammad Mohsin Khan Leghari, Saud Majeed besides senior officers of the ministry of Finance and State Bank of Pakistan.