A meeting of the Cabinet Committee on Privatisation was held in Islamabad today (Tuesday) with Deputy Prime Minister Ishaq Dar in the chair.

The committee approved a fast-tracked plan for the privatisation of PIACL, including the divestment of 51-100 percent share capital together with management control.

Ishaq Dar emphasized the government’s commitment to PIACL’s privatisation to unlock its full potential and reduce financial burden on the national exchequer.