Privatisation Commission (PC) and National Bank of Pakistan (NBP) have agreed to get into a partnership to revitalise and rejuvenate the Privatisation Programme of the government. It was decided during a meeting between Federal Minister for Privatisation Senator Waqar Ahmed Khan and President NBP, Syed Ali Raza here on Friday.
The country's largest banking network NBP with its wide presence abroad will work closely with the Privatisation Commission to identify avenues of value addition for State Owned Entities (SoEs) on the privatisation list and to attract international investors and financial institutions.
The arrangements will be formalised in the forthcoming meeting of PC officials with the NBP management. Senator Waqar Ahmed Khan reiterated that Pakistan has immense potential and the government was determined to exploit all opportunities of value addition prior to taking the entities to market. The government was determined to stimulate business activity in Pakistan, thereby facilitating economic growth and capital market revival, he added.
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