Finance Minister Senator Ishaq Dar has said this is the first time in history of Pakistan that offers on premium have been received on the sale of government shares in any entity. Ishaq Dar, who is currently visiting Jeddah in connection with IDB Board of Governors meeting, said in a message that the transaction of PPL shares would send a strong message to both international and domestic investors on the state of economy and the investment opportunities in Pakistan.
He said investors confidence in the economic polices of the government had been reflected in both bond and equity market. The Minister added that "we need to capitalise on the momentum and continue on the reform agenda undertaken by the government." He appreciated the hard work done by the PC and the whole team for completing the transaction in a professional manner. He added that due process would not be compromised while putting in place credible plans for divestment of shares.-PR
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