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Seminar on improving the corporate governance and performance of state-owned enterprises

Islamabad, July 26, 2022 (PPI-OT):Pakistan’s economy needs comprehensive structural reforms for inclusive, smooth and sustainable growth and SOE reform is one of major key priority area. Following activities are imperative in this regard including the Initiation of the privatization of selected SOEs; Increasing SOE transparency through new audits;

Triage of SOEs; and Enhancing the SOE legal framework through a new SOE Law. In this respect, Finance Division is organizing a stakeholder Seminar to raise awareness and improve understanding of major reform initiatives on SOEs taken by the Finance Division, consult on major challenges to improve corporate governance and commercial performance, and share information and practical experiences on international best practices and lessons learned that could further inform the scope and design of the government’s SOEs reform program. The seminar will provide a good opportunity to all stakeholders to exchange ideas on the progress so far made on various SOE reform initiatives undertaken by the GoP.

It is expected that the seminar will generate new ideas and feedback from the line ministries and SOEs that will further improve our efforts to implement the SOEs reforms agenda in an effective and collaborative manner. This seminar will be held on 27th July 2022 at Serena Hotel, Islamabad at 10 am. Federal Ministers, Country Director ADB and other officials from ADB and the World Bank will participate and address the Seminar.

For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk