Pakistan is selling assets of several trillions
21 March 2019, 19:13 BDT
Pakistan has decided to sell some trillions of Rupees worth of central central ministries and related departments. The decision was taken at a cabinet meeting on Tuesday to increase revenue for the country's fragile economy. Information Minister Fawad Chowdhury told reporters after the cabinet meeting.
The cabinet also passed the unanimous decision to bring changes in the main recruitment of government departments. In the process of the changed process, the powers of the central ministers were given to the chief recruitment of the offices. The cabinet meeting also came up with the fact that 32 lakh customers of the country are struggling for the payment of additional 'ghost' bills for gas. Decision taken to take action against those responsible for this scandal.
Information Minister Fawad Chowdhury presented the detailed news conference on the issues discussed after the cabinet meeting. He said the decision to sell the unused resources of central ministries and related institutions has been decided. For this, the Prime Minister asked for the list of all those resources to the ministries, Imran Khan. The ministry has already prepared a list of those resources and submitted them to the cabinet, Information Minister said.
How will the government's assets be sold without proper bankruptcy proceedings? On such a question, the information minister said that the government will first formulate a universal policy to sell these resources. Because the government's plans will be severely damaged if they sell their unused government resources in accordance with the rules of each government organization. In that universal policy, it will be sold through any process, that wealth.
A committee has been constituted for the sale of government assets, including five ministers. The committee will monitor and manage property sales from starting policy.
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