Privatization of bizarre units, power sector reforms top priority of govt: FinMin
He says privatization process would be completed before the end of this year

Islamabad: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said that government is working on privatization of sick units, and power sector reforms and for this, all necessary steps have been taken to achieve the objectives.
The PIA and three DISCO’s privatization process would be completed before the end of this year, he said while talking to a private television channel.
The outsourcing of Islamabad and Karachi airport would be made in phases, he added. Right sizing and restructuring of some ministries and departments would also be made before the next fiscal year, he stated.
In reply to a question about issues of Independent Power Producers (IPPs), he said discussion was being made with Chinese authorities regarding re-profiling of debt besides China Pakistan Economic Corridor projects. All out measures are being taken to strengthen the economic sector of Pakistan, he added.
Weekend US tornadoes leave at least 40 dead
- 3 hours ago

Gold glitters, historic high in Pakistan
- 4 hours ago

FM reveals no plans for salary boost or pension increase in new budget
- 5 hours ago
Five family members of SHO injured in grenade attack in Khuzdar
- an hour ago

Houthis launch twin attacks on USS Harry Truman
- 3 hours ago

UConn-Creighton ends in scuffle over 'fancy' dunk
- 4 hours ago

Security meeting scheduled amid rising terror threats in Pakistan
- 4 hours ago

Trump’s attacks on higher ed could provide a chance to reimagine the university
- 5 hours ago

PSX continues rally as KSE-100 gains 663 points amid IMF optimism
- 4 hours ago
SpaceX aims to send robots to Mars by 2026, humans expected by 2029-2031
- 4 hours ago
Wolf attack in Central Kurram leaves 9 injured, including child
- 4 hours ago

TTP camps destroyed in Khyber Pakhtunkhwa during police operation
- 4 hours ago