‘Will someone stop this madness?’, Tarin worried about privatization
Former Finance Minister Shoukat Tarin has said that the federal cabinet has signed an ordinance… Read More
Privatization is the process of transferring ownership of a business, organization, agency, public service, enterprise or public proper from the public sector a government to the private sector either to a business that operates to a profit or to a non-profit organization. It may also mean the government outsourcing of services and functions to the private firms.
The transfer of public sector to private sector are done epically for revenue collection, law enforcement and prison management privatization has also been used to describe two unrelated transactions. The first is buying all outstanding shares of the publically traded company by a single entity making the company privately owned this is often described as private equity. The second is the metallization of a mutual organization or cooperative to form and join stock company
Former Finance Minister Shoukat Tarin has said that the federal cabinet has signed an ordinance… Read More
ISLAMABAD: Chairman privatization commission has presented a plan to revive Pakistan Steel Mills before a… Read More
ISLAMABAD: Federal government has decided to hike electricity prices by Rs7 besides privatization of profitable… Read More
KARACHI: Pakistan Railways has decided to hand over Shah Latif Express and Karachi Circular Railway… Read More
ISLAMABAD: Advisor on Finance Shaukat Tarin and Minister for Privatization Muhammad Mian Soomro on Thursday… Read More
ISLAMABAD: Privatisation Minister Mian Muhammad Soomro has said that the ministry has completed the homework… Read More
ISLAMABAD: The Privatization committee meeting on Friday chaired by the federal minister Mohammed Mian Soomro… Read More
The privatization process of SME Bank, Services International Hotel (SIH), Jinnah Convention Center (JCC), and… Read More
The committee took the decision on the request of the ministry for information and broadcasting. Read More
Finance advisor in this connection has directed federal industries minister to oversee redressal of permanent… Read More
We initiated the process to auction 26 government-owned lands last month, said the federal privatization… Read More
Pakistan Steel Mills, Mari Gas Field and Convention Centre Islamabad, Services Hotel, SME Bank, PPL,… Read More
The privatization board meeting decided to sell 10 percent shares of OGDCL and PPL. Read More
The investors could bid for the projects with a facility of at most 70 percent… Read More
The meeting approved transaction structures of Services Hotel Lahore, First Women Bank, HBFC, and Jinnah… Read More
We will be running the steel mills in cooperation with the private investors, announced Hammad… Read More
Muhammad Mian Soomro said that the privatization process of power plants could not be completed… Read More
No delay is being made in the timeline for privatization of power plants and other… Read More
The proposal to sell out OGDCL shares under divestment initiative will be tabled before the… Read More
Federal Minister and Privatization Commission Chairman Muhammad Mian Soomro announced that initially the 1223 MW Balloki power… Read More