Caretaker Minister for Privatization Fawad Hassan Fawad has expressed the firm resolve of the government to privatize major loss-making state-owned enterprises to avoid a substantial financial drain of national resources.

The minister held a meeting with the Country Head of the World Bank Najy Benhassine and discussed the caretaker government's strategic agenda for privatization, with specific attention to privatizing Pakistan International Airlines and optimizing the performance of Power Distribution Companies .

He said that concerted efforts aimed to rectify substantial financial losses incurred by these entities and thereby alleviate the fiscal burden on national exchequer.