{"id":90533,"date":"2024-09-30T10:30:57","date_gmt":"2024-09-30T10:30:57","guid":{"rendered":"https:\/\/nationaltimes.pk\/eng\/?p=90533"},"modified":"2024-09-30T10:30:57","modified_gmt":"2024-09-30T10:30:57","slug":"govt-plans-to-privatise-more-bodies-under-rightsizing-policy","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/","title":{"rendered":"Govt plans to privatise more bodies under rightsizing policy"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ISLAMABAD (National Times) The federal government on Sunday said it plans to privatise more state-owned enterprises (SOEs) under the rightsizing policy, The News reported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this regard, Prime Minister Shehbaz Sharif tasked the Ministry of Privatisation and Ministry of Industries and Production with implementing the plan related to privatisation of various entities.<br>According to sources, Pakistan Stone Development Company and Pakistan Automobile Corporation have been marked for privatisation by the Ministry of Industries and Production.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Proposals have also been finalised for the privatisation of Pakistan Institute of Management, Khadi Crafts Development Company, Agro Food Processing Facilities, Leather Crafts Development Company, Morafco Industries, Southern Punjab Embroidery Industry and Gujranwala Business Centre.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A plan has also been made to privatise the Pakistan Chemical and Energy Sector Skill Development Company and Spin Yarn Research and Development Company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first priority of the federal government will be privatisation of the entities, and as another option, liquidation of these departments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Various proposals are being considered to reduce the size and expenses of federal government, which include closing and privatising the departments and other measures including merger.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The prime minister had formed a high-powered Right-Sizing Committee under the chairmanship of Finance Minister Muhammad Aurangzeb.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD (National Times) The federal government on Sunday said it plans to privatise more state-owned enterprises (SOEs) under the rightsizing policy, The News reported. In this regard, Prime Minister Shehbaz Sharif tasked the Ministry of Privatisation and Ministry of Industries and Production with implementing the plan related to privatisation of various entities.According to sources, Pakistan [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":90534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-90533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Govt plans to privatise more bodies under rightsizing policy - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt plans to privatise more bodies under rightsizing policy - Nation\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD (National Times) The federal government on Sunday said it plans to privatise more state-owned enterprises (SOEs) under the rightsizing policy, The News reported. In this regard, Prime Minister Shehbaz Sharif tasked the Ministry of Privatisation and Ministry of Industries and Production with implementing the plan related to privatisation of various entities.According to sources, Pakistan [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/\" \/>\n<meta property=\"og:site_name\" content=\"Nation\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-30T10:30:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2024\/09\/Untitled-1-copy-331.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"370\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"humza Jahangir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"humza Jahangir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/\",\"name\":\"Govt plans to privatise more bodies under rightsizing policy - Nation\",\"isPartOf\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2024\/09\/Untitled-1-copy-331.jpg\",\"datePublished\":\"2024-09-30T10:30:57+00:00\",\"author\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/27efa35fa76e99f3ad7e7397d7332c16\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/#primaryimage\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2024\/09\/Untitled-1-copy-331.jpg\",\"contentUrl\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2024\/09\/Untitled-1-copy-331.jpg\",\"width\":670,\"height\":370},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationaltimes.pk\/eng\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Govt plans to privatise more bodies under rightsizing policy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#website\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/\",\"name\":\"Nation\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationaltimes.pk\/eng\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/27efa35fa76e99f3ad7e7397d7332c16\",\"name\":\"humza Jahangir\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/43feedd99bd6a90080d1621b7e6604364acb673ee979d3ffe5075557c14c68b9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/43feedd99bd6a90080d1621b7e6604364acb673ee979d3ffe5075557c14c68b9?s=96&d=mm&r=g\",\"caption\":\"humza Jahangir\"},\"url\":\"https:\/\/nationaltimes.pk\/eng\/author\/humza\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt plans to privatise more bodies under rightsizing policy - Nation","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationaltimes.pk\/eng\/2024\/90533\/","og_locale":"en_US","og_type":"article","og_title":"Govt plans to privatise more bodies under rightsizing policy - Nation","og_description":"ISLAMABAD (National Times) The federal government on Sunday said it plans to privatise more state-owned enterprises (SOEs) under the rightsizing policy, The News reported. 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