ISLAMABAD – Pakistan Tehreek e Insaf government approved merger andwinding up of 24 State Owned entities.
Federal government has approved the merger of 19 state-owned entities(SOEs) and winding up/liquidation of five SOEs after obtaining due consentof their administrative ministries/divisions.
According to documents available with this scribe, the government hasapproved the merger of 19 SOEs belonging to seven ministries/divisions,besides the merger of Textile Division with Commerce Division and PostalDivision with the Ministry of Communication. It also approved windingup/liquidation of five SOEs belonging to three ministries/divisions.
Similarly, the government has approved to transfer nine SOEs belonging tofive ministries/divisions to other ministries/divisions, provinces,Gilgit-Baltistan and Islamabad Capital Territory (ICT).
Sources privy to the matter informed that the Establishment Division hadforwarded to the federal cabinet a summary in the light of recommendationsforwarded by a committee led by Advisor to Prime Minister on InstitutionalReforms & Austerity Ishrat Husain.
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Sources said owing to expected criticism from the opposition parties, thegovernment has kept secret the names of those five institutions which havebeen dissolved. Although the Ishrat Husain-led committee had recommendedthe government to dissolve five institutions, it had not forwardedrecommendations regarding the fate/future of the employees of these fiveinstitutes, sources added.
It is pertinent to mention that on 15th July 2019, the federal governmenthad formed an implementation committee for ‘restructuring of governmentdepartments.’ The mandate of the committee was to work out animplementation strategy/work plan in consultation with the PM’s Task Forceon Austerity and Institutional Reforms.
The committee was directed to complete the task within six months andpresent monthly implementation progress to the cabinet.