Deputy Prime Minister Ishaq Dar assured the Senate on Friday of a commitment to transparency in the ongoing privatization efforts. He addressed concerns by emphasizing the economic necessity of privatization amidst current challenges, pledging rigorous oversight in decision-making processes.
Dar acknowledged significant financial losses due to delayed privatization, particularly citing issues with state-run steel mills. He proposed the formation of a committee to investigate further, urging prompt action to avoid further economic setbacks.
Additionally, Dar condemned recent Israeli actions in Palestine, reaffirming Pakistan’s steadfast support for Gaza. He called for international accountability and urged legal action against Israel in the International Court of Justice.
Federal Energy Minister Awais Leghari echoed Dar’s views on privatization, stressing its role in restructuring state institutions for sustainable growth. Leghari outlined ongoing efforts to develop a comprehensive framework aimed at improving operational efficiency and accountability.
Information Minister Atta Tarar provided updates on Pakistan’s diplomatic efforts, highlighting advocacy for Palestinian rights at a recent Shanghai Cooperation Organization meeting. Tarar emphasized Pakistan’s stance on Palestine, calling for international recognition and support.
In legislative proceedings, the Senate approved the Governance and Operations Amendment Bill, aimed at enhancing governance structures within state-owned institutions. Despite PTI opposition, the bill passed, setting the stage for increased oversight and accountability measures.
