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Shamshad lists factors behind SOEs Rs500bn losses

Need stressed to expedite divestment of SOEs - Newspaper

A sub-committee of the Economic Advisory Council (EAC) on state-owned entities (SOEs) on Friday called for expediting the process of privatisation and empowering their board of directors at the earliest. AFP/File ISLAMABAD: A sub-committee of the Economic Advisory Council (EAC) on state-owned entities (SOEs) on Friday called for expediting the process of privatisation and empowering their board of directors at the earliest to improve their management structures. Federal Minister for Finance and Revenue Shaukat Tarin presided over the meeting of the sub-committee of EAC on SOEs and privatisation. Minister for Privatisation Mohammedmian Soomro, Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Hussain and private members Arif Habib and Sultan Ali Allana attended the meeting.

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