Saturday, September 7, 2013

Islamabad : The federal government international Monetary Fund (IMF) under the terms and conditions signed with PIA, Pakistan Steel Mills and Railways

Islamabad : The federal government international Monetary Fund (IMF) under the terms and conditions signed with PIA, Pakistan Steel Mills and Railways has decided to restructure, at the end of this month, 30 institutions strategy for privatization will be announced.

Finance Ministry in this regard by international Monetary Fund (IMF) provided a 17-page Memorandum on Economic and Financial palysz 2013-16 June 2014 I was told that 26 percent of the shares of PIA will be auctioned, Pakistan Steel's restructuring plan will be completed this month by March 2014 for the restructuring of Pakistan Railways has planned to be ready.
Overall, 30 government institutions to be privatized. Ministry of Finance PIA disabled, old stuff, different government agencies involved in PIA and PIA 'II' to enable the company after CPI Second would be the end of June 2014. professionals to run Pakistan Steel Mills Board appointment process will be brought to the restructuring of Pakistan Steel has a new plan will be ready by September 2013.

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