CCOP considered 84 SOEs in detail in light of the SOE Act and Policy, with priority given to loss-making SOEs, and approved 24 entities for the Privatisation Programme, in principle, for the time being. 40 SOEs were categorized as Strategic or Essential.
Meeting of the Cabinet Committee on Privatisation (CCOP) was held on 10th May, 2024 with the Deputy Prime Minister/Foreign Minister, Mohammad Ishaq Dar, in the chair.
The CCOP was presented with a phased Privatisation Programme (2024-29) by the Ministry of Privatisation, based on the recommendations of the PC Board, in terms of Section 5(b) of the Privatisation Commission Ordinance 2000.
The CCOP considered 84 SOEs in detail in light of the SOE Act and Policy, with priority given to loss-making SOEs, and approved 24 entities for the Privatisation Programme, in principle, for the time being. 40 SOEs were categorized as Strategic or Essential.
The CCOP also considered the proposal for the transfer of 322,460,900 shares of OGDCL from the Privatisation Commission’s CDC account to the Ministry of Energy (Petroleum Division).
