PIA, Railway, PSO and many others to Privatised as per IMF Conditions

pakistan flag

pakistan flag

Pakistan would take compulsionary measures to take bailout package IMF. Pakistan applied to IMF for 6.7 billions dollar bailout package and IMF impose a condition, by that condition Pakistan have to privatise its major entities like PIA, Pakistan Railway and 29 other companies.

The fedral govt confirmed that they are going to privatise 31 public sector companies immediately cabinet committee  approved the list of that 31 entities.

Finance minister Ishaq Dar is supervising all the matter PSO (Pakistan State Oil) also included in privatised entities.

Author: Ghu Hasa

I am Ibn-e-Arif with a dedicated editors team, running this news blog to share the best and updated news worldwide with all the truth and reliability.

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