Pakistan government earns Rs 100 billion with privatisation of state owned entities

Shares
Pakistan government earns Rs 100 billion with privatisation of state owned entities

LAHORE: Federal Minister for Privatization Muhammad Mian Soomro on Monday said that the government likely to earn 100 billion rupees with privatization of the state owned entities in this fiscal year.

In a meeting, privatization minister said that preliminary work initiated for privatization of the power distribution companies.

Privatization process of the State Life has also been started, Soomro further said.

The economic agenda of the government will not be affected by any movement of the opposition, he said.

“The government have no threat and it will complete its tenure of five years,” the federal minister said. “We will also win the next elections and form the government,” he said.