ISLAMABAD – Information Minister Chaudhary Fawad Hussain said the cabinethas decided to expedite the privatization of five units including HaveliBahadur Shah, Lakhra Coal Mine, Services Hotel Lahore, divestment ofgovernment shares in petroleum companies and K-Electric.

Addressing media on cabinet decisions in Islamabad on Wedensday, Ministerfor Information and Broadcasting Chaudhary Fawad Hussain said the Divisionwill monitor and collect data on prices of items of daily use in seventysix markets and forty cities and will submit its report to federal cabineteach week.

The Minister said the cabinet took stock of the issue of list of 172 peoplein Exit Control List in light of the observations of Supreme Court ofPakistan and decided to send the matter to ECL Review Committee, workingunder Ministry of Interior.

He said the decision of adding or excluding names in the list will betaken according to the recommendations of the Committee which will briefthe cabinet next week.

The cabinet also established a committee of Land Bank headed by DefenseMinister Pervez Khattak. It will identify 150 prime properties for use invarious public sector projects and submit its report to the cabinet in itsnext meeting.

The Minister said 9442 kanals of unused land has been identified at thefederal level, 56000 kanal in Punjab and 5258 kanal in Khyber Pakhtunkhwaso far.