Prime Minister Muhammad Shehbaz Sharif has instructed that the privatization process be expedited and completed within the stipulated timeframe to ensure transparency and efficiency. This directive was issued during a review meeting on the Task Management System in Islamabad on Thursday.
The Task Management System is specifically designed to oversee the privatization of government departments. The Prime Minister emphasized the importance of accelerating the privatization process while maintaining transparency. He recommended hiring reputable lawyers to address any legal challenges that may arise.
Shehbaz Sharif highlighted that the privatization initiative aligns with the government’s “Uraan Pakistan” project. He reiterated that the government’s role is to create policies and facilitate business and investment rather than engage directly in business activities.
The Prime Minister also noted the progress being made towards economic improvement due to timely reforms. He stressed the need for collective efforts to ensure the development of Pakistan.
During the meeting, the attendees were briefed on the Task Management System and the privatization timeline. It was revealed that the privatization process is divided into three phases: ten departments in the first phase, thirteen in the second, and the remaining departments in the third phase.– ORIGNAL STORY (RAW) —-
Prime Minister Muhammad Shehbaz Sharif has directed to expedite the process of privatization and ensure its completion within the stipulated timeframe.
He issued these directives while presiding over a review meeting in Islamabad on Thursday on the Task Management System, designed to monitor the process of privatization of the government departments.
The Prime Minister further directed that the process of privatization of the designated departments should be accelerated without compromising transparency. He said the services of the reputable lawyers should also be hired to remove legal hurdles in privatization process.
Shehbaz Sharif said the privatization of departments is part of the government’s “Uraan Pakistan” initiative. He said the government’s job is not to do business, but to take policy measures and facilitate business and investment.
The Prime Minister said we are rapidly advancing towards improving economy due to timely and necessary reforms. He said we have to work collectively for the development of Pakistan.
During the meeting, the Prime Minister was briefed about Task Management System for Privatization. The meeting was apprised about the timeframe for privatization of various departments. It was informed that the privatization of the Federal Government’s departments has been divided into three phases. Privatization of ten departments will be ensured in the first phase, thirteen departments in the second phase while privatization of remaining departments will be ensured in the third phase.