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.
Somali militants attack presidential convoy, president escapes unhurt
- 14 hours ago

The alarmingly high stakes in an easy Supreme Court voting rights case
- 5 hours ago

US attacks several locations in Yemen, war likely to intensify
- 3 hours ago

Punjab experiences dry weather
- an hour ago

Source: Eagles add ex-Giants pass rusher Ojulari
- 6 hours ago

Messi out of World Cup qualifiers due to injury
- 3 hours ago

This is why Kamala Harris really lost
- 5 hours ago

Astronauts trapped in Int’l Space Station for 9 months safely lands on Earth
- an hour ago

Pak-Afghan Torkham crossing to reopen after 25 days
- 3 hours ago

Flatiron Books says it will keep publishing book from ex-Meta employee
- 7 hours ago
Army Chief stresses need for national unity in fight against terrorism
- 14 hours ago

Six March Madness stars to watch
- 6 hours ago