ISLAMABAD, Mar 2 (APP): The Finance Minister Senator Mohammad Ishaq Dar said the government sees Strategic Public-Private Partnership (SPPP) aimed at utilizing private sector management expertise to overcome public sector inefficiencies. He said this while chairing a meeting here at the Ministry on Sunday to review the reform and restructuring plan of PIA including strategic partnership, says a press release issued here.
The Minister said over the year, mismanagement and structural inefficiencies in the state-owned enterprises (SOEs) have marred public sector governance.
He said that continuous injection of resources into the SOEs is fiscally not sustainable on an indefinite basis and the most viable option available is to restructure them through strategic partnership with the privatesector through 26% offloading of shares.
The Minister said that we aim to enhance welfare of the employees of the SOEs by making these organizations profitable and interest of the employees will be protected.
He said by injection of 26% private sector strategic partners will in no way hamper the overall status of the SOEs other than to improve their performance and to ensure capacity building of their employees.
Shujaat Azeem, PM’s Advisor on Aviation briefed on the reforms being introduced in PIA. He also informed about the progress of leasing of more efficient airplanes to enhance the performance of the national carrier.
The meeting was also attended by Muhammad Zubair, Chairman Privatization Commission, Rana Asad Amin, Advisor to Finance Ministry and senior officials of the Ministry of Finance.
Source:http://www.app.com.pk/en_/index.php?option=com_content&task=view&id=269074&Itemid=1
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.
BORROWERS APPLICATION DETAILS
1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..
Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com