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Analysing Pakistan’s economy, the World Bank expects it to grow by only 0.4 percent in the current fiscal year ending June 30, due to a variety of factors, including impacts of devastating floods last year, depletion of foreign exchange...
Senate panel told that the initiative would help create more jobs
| By our correspondent ISLAMABAD: The government is expected to complete the privatisation of Heavy Electrical Complex (HEC) by the mid of the current year as it has already shortlisted investors for issuance of request for statement of qualification, officials said on Thursday. The officials told a weekly meeting on privatisation transactions that 12 expressions of interest had been shortlisted for HEC. The meeting was chaired by Minister for Privatisation Mohammedmian Soomro. In November last, Cabinet Committee on Privatisation approved the transaction structure for the divestment of 96.6 ...
Heavy Electrical Complex expected to be privatised by June Business February 19, 2021 ISLAMABAD: The government is expected to complete the privatisation of Heavy Electrical Complex (HEC) by the mid of the current year as it has already shortlisted investors for issuance of request for statement of qualification, officials said on Thursday. The officials told a weekly meeting on privatisation transactions that 12 expressions of interest had been shortlisted for HEC. The meeting was chaired by Minister for Privatisation Mohammedmian Soomro. In November last, Cabinet Committee on Privatisatio...