Suddenly, ailing SOEs come under PDM govt’s focus

  • Finance Minister emphasizes revisiting the role of PDF and SOEs considering the business plans, governance structure, and financial viability
Updated 29 Jan, 2023

ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on the role of the Pakistan Development Fund (PDF) and State Owned Enterprise (SOEs) at the Finance Division on Saturday.

The meeting discussed the role of the Pakistan Development Fund (PDF) and State Owned Enterprises (SOEs) in the light of new SOE Act 2022.

The meeting discussed modalities to improve governance of SOEs & line ministries and restructuring of PDF to re-vitalize its role to promote infrastructure in the country.

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Finance Minister Senator Ishaq Dar emphasized on the revisit of the role of PDF and SOEs considering the business plan, governance structure and financial viability with the concept of accountability to safeguard public assets.

SAPM on Finance Tariq Bajwa, SAPM on Revenue Tariq Mehmood Pasha, Chairman SECP Akif Saeed and senior officers from Finance Division attended the meeting.

Copyright Business Recorder, 2023

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