PTI Govt Decides against Privatization of PIA, Steel Mills, Railways

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The PTI govt decides against privatization of 195 ‘sick’ enterprises and ordered bureaucrats to deliver on their policies within six months to secure their three-year term in office.

These sick enterprises include Pakistan International airlines, Pakistan Railways, and Steel Mills. PTI govt urge to revive these companies.

Two separate policies were approved in a federal cabinet meeting chaired by PM Imran Khan on Thursday. One is to deal with the 195 sick companies, and other is to rein in the bureaucracy to ensure that the top officials follow government policies.


The federal cabinet meeting decided that the Prime Minister Imran Khan would unveil the 100-day achievements of the government before the nation on Nov 29.

Speaking to media at the conclusion of the meeting, Information Minister Fawad Chaudhry said under the strategy to deal with sick government units, the cabinet approved formation of Sarmaya-i-Pakistan Company (SPC) which would decide how to revive sick entities. “The SPC will be formed on the basis of Singaporean and Malaysian models,” he added.

The minister said, “Prime Minister Imran Khan will be the head of board of governors (BoG) of the company which will decide the fate of sick entities, including the Pakistan International Airlines (PIA), Pakistan Steel Mills and Pakistan Railways.”

PTI govt decides against privatization by saying, “These 195 government entities are facing several problems and running into losses and, therefore, we cannot privatise them.” Adding that three federal ministers and seven experts from the private sectors would be part of the BoG of the SPC.

Mr Chaudhry said the government wanted to rid the sick entities of its influence.

Bureaucracy

“We do not want to make bureaucrats loyal to us in six months, but they have to follow our policies,” the information minister said.

He said the cabinet had devised a policy for “securing” three-year term of top government officials in their office.

However, under the policy the bureaucrats will have to undergo an “interim” period of six months, during which their performance will be evaluated and then it will be decided whether they should be given two-and-a-half years extension or not.

Asked whether the government wanted to seek loyalty of the bureaucracy under this policy, the minister said: “Yes, we want the bureaucracy to toe our line and polices. We have been elected by the people to make our own policies which should be followed and implemented by the bureaucracy.”

He said a committee headed by Prime Minister’s Adviser Shahzad Arbab had been set up to look into the matters of tenure of federal secretaries and other top government officials and present recommendations to the prime minister who would decide their fate.

Other members of the committee are: Defence Minister Pervez Khattak, Railways Minister Sheikh Rashid, PM’s Adviser Dr Ishrat Hussain and Minister for Planning and Development Khusro Bakhtiyar.

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