Govt committed to accelerate privatisation process: FinMin Aurangzeb

During a meeting with a delegation of global professional services firm Alvarez & Marsal led by Peter Briggs, in Islamabad on Wednesday, he reiterated that the government’s vision, aligned with the objectives of Prime Minister Shehbaz Sharif, is to bolster trade, investment, and tourism in Pakistan, tapping into the region’s growing economic corridor. Meanwhile, the Cabinet Committee on State-Owned Enterprises (CCoSOEs) met at the Finance Division, chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. Key decisions were made regarding the re-merger of National Security Printing Company (NSPC) with Pakistan Security Printing Corporation (PSPC) and the acquisition of State Bank of Pakistan’s shares in Zarai Taraqiati Bank Limited (ZTBL). The Committee approved the proposal to execute the Share Purchase Agreement for the acquisition of NSPC at a value of PKR 41,774 million.