Shehbaz Sharif says process must be transparent, with legal hurdles addressed by hiring reputable lawyers
\n Islamabad
\nPrime Minister Shehbaz Sharif has instructed officials to expedite the process of privatising government departments, ensuring its completion within the designated timeframe.
\nThe directive was issued during a review meeting in Islamabad on Thursday, where the Task Management System for monitoring the privatisation process was discussed, Radio Pakistan reported.
\nThe PM emphasised that the process must be carried out with full transparency and that any legal hurdles should be addressed by engaging reputable lawyers. \u201cThe services of reputable lawyers should be hired to remove legal obstacles in the privatisation process,\u201d he said.
\nPM Shehbaz added that the privatisation initiative is part of the government\u2019s \u201cUraan Pakistan\u201d programme, underlining that the role of the government is to facilitate business and investment, rather than engaging directly in business operations.
\n\u201cThe government\u2019s job is not to do business, but to take policy measures and facilitate business and investment,\u201d he stated.
\nHe further noted that the country is progressing rapidly towards economic improvement thanks to timely reforms and called for collective efforts to advance Pakistan\u2019s development.
\nDuring the meeting, the PM was briefed on the Task Management System for privatisation and was informed about the timeline for the privatisation of various government departments.
\nThe privatisation process has been divided into three phases: ten departments will be privatised in the first phase, thirteen in the second, and the remaining departments in the third phase.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shehbaz Sharif says process must be transparent, with legal hurdles addressed by hiring reputable lawyers Islamabad Prime Minister Shehbaz Sharif has instructed officials to expedite the process of privatising government departments, ensuring its completion within the designated timeframe. The directive was issued during a review meeting in Islamabad on Thursday, where the Task Management System […]<\/p>\n","protected":false},"author":2,"featured_media":439559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-459950","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\n