ISLAMABAD, Jan 29 (APP): Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Wednesday said the government was determined to carry out transparent and profitable privatisation of state-owned entities (SOEs).
Addressing a press conference flanked with Minister for Privatisation Mohammad mian Soomro here, she said the SOEs’ privatisation was the top priority of Prime Minister Imran Khan and the process had again started under the leadership of Mohammad mian Soomro after the last phase in 2018.
The prime minister, she said, wanted to privatise the sick industry which had become a burden on the public exchequer. The privatisation would help lessen the problems of inflation and unemployment, and the revenues generated from it would be invested on public welfare, she added.
Dr Firdous said some properties of the federal government would be transferred to the Pakistan Housing Authority so that affordable houses could be constructed on them.
The activity in the construction sector would benefit 42 allied industries, besides creating job opportunities and wealth, and providing shelter to low income persons, she added.
APP/Zaheer/Farooq
