The finance minister Ishaq Dar in a meeting today said that 26% offloading of shares to the private sectors is the most viable option available for the restructure of state owned enterprises (SOEs), PID reported.
He said this while addressing a meeting in the Ministry of Finance, adding that injecting resources in to the mismanaged SOE’s is not a healthy decision for the economy of Pakistan. He added that by strategic public private partnership the enterprises could enhance their performance and become beneficial for the public.
He removed any doubts about the status of SOEs adding that the partnership will not hamper in anyway the ownership of the enterprises. ‘Our motive is to make these enterprises profitable for the employees’ he mentioned.
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