ISLAMABAD: Caretaker Federal Minister for Privatization Fawad Hassan Fawad has said that the int6erim government has no intention about privatization of any institutions and all such news regarding the privatization of institutions are baseless and mere propaganda.
Addressing a joint press conference with other ministers, Fawad Hassan Fawad said that the caretaker government only focused on those issues being initiated by the previous elected government. The minister also appreciated the recent announcement by the Election Commission of Pakistan (ECP) to hold polls in the last week of January next year.
Fawad Hassan Fawad also rejected claims about the privatization of national flag carrier PIA (Pakistan International Airline), adding that the government assisted the Airline as it faced the issue of grounding its planes due to financial issues.
Privatization of PIA, Steel Mill
Regarding Steel Mill, the minister said that a review of the steel mill was tackled today, to sort out issues as the country witnessed a decline in steel export in recent times. The caretaker government would continue its work according to the constitution and would take forward all those pending projects initiated by the previous government.
Addressing the press conference Federal Information Minister Murtaza Solangi hailed the ECP announcement about conducting polls in January next year, adding that the announcement would help bring political stability in the country.
It is worth mentioning here that there were news circulating in the area regarding the privatization of public entities and the delay in the election. On both issues, some of the political parties including PPP showed their reservations.
