Federal cabinet greenlights merger of 82 state-owned enterprises D_Trends

Federal cabinet greenlights merger of 82 state-owned enterprises D_Trends

Listen to article The Federal Cabinet has approved recommendations submitted by the Rightsizing of the Federal Government Committee for the merger and dissolution of 82 State-Owned Enterprises (SOEs). The Cabinet, which met in Islamabad today with Prime Minister Shehbaz Sharif in the chair, while assenting to the recommendations, also constituted a committee to protect the interests of … Read more

Govt defers NBP privatisation; EXIM Bank to remain state-owned D_Trends

Govt defers NBP privatisation; EXIM Bank to remain state-owned D_Trends

The government deferred a decision on the privatisation of the National Bank of Pakistan (NBP) due to a legal obstacle.  This move contradicts an earlier commitment to the International Monetary Fund (IMF) to remove the special status of seven government-owned firms, including the NBP. “The Cabinet Committee approved that the National Bank of Pakistan, being … Read more