The government would register a new company in Securities and Exchange Commission of Pakistan (SECP) that would manage the properties and hotels of the Pakistan International Airlines, which would be separated from the from PIA's air-transport business before its privatisation, Federal Minister for Privatization
Daniyal Aziz said.
CDL directed the government to revisit current Privatization
Ordinance 2000, which as per its opinion was defective, reported Business Recorder.
The companies' sales plan anticipates the privatization
of Energopetrol (Sarajevo), Energoinvest (Sarajevo), Aluminij (Mostar) and Sarajevo Insurance (Sarajevo).
The committee, which met here with Senator Mohsin Aziz in the chair, discussed the matters related to the privatization
of Pakistan International Airlines (PIA), Pakistan Steel Mills (PSM) and other loss-making organizations of the country.
Addressing a press conference here today the Minister for Privatization
said the process of privatization
of the PIA will be completed according to law and assured that the rights of the employees will be safeguarded at all cost.
In March, the PMO held the auction for 79 lots worth P128 million, the government's first privatization
venture this year.
In an interview for Standard daily, Karanikolov comments on the stance of the Financial Supervision Commission (FSC) that the privatization
of the Bulgarian Stock Exchange (BSE-Sofia) and the Central Depositary AD in one package may be unfavorable to the countryas financial system.
The pragmatics of privatization
are terrain for a critical
First, are we getting the framing on privatization
While economists unanimously back the government's decision, they also note that Pakistan needs a sound privatization
policy that is coherent with the country's overall economic policy.
ySTANBUL (CyHAN)- Amid criticism that public privatization
tenders lack transparency and damage the public's interest, government officials defended tender processes as being fair, denying any allegations of backroom dealing.
Deregulation is a prerequisite to liberalization, and necessary for privatization
and global integration.
The Parliament will approve the privatization
program in accordance with the law on privatization
of state property that entered into force on 24 June 2011.
in Malaysia: Regulation, rent-seeking and policy failure
He provided a list of the biggest and best performing Macedonian companies on which the entire economy rests and whose privatization
should be revised.