According to the Finance Ministry official statement, the CCoP was given an update on the privatisation programme and was informed that in case of the SME Bank Limited and Pak Reinsurance Co Ltd (up to 20 percent divestment) the privatisation process is moving ahead at a relatively faster manner, and they are expecting to complete the process in the required time frame.
On the status of the revival of the Pakistan Steel Mills, the CCoP gave directions to the Privatisation Commission to complete all the standard requirements in a regular but expeditious manner and keep on updating the government on any issues that may surface during the smooth running of the process.
For divesting shares of the OGDCL, the CCoP had directed that the matter required further deliberation. The CCoP had also directed that all the relevant stakeholders, including the Ministry of Energy, to come up with a presentation on the proposal in the next meeting.
The federal cabinet is likely to review the political and economic situation in the country, where the prime minister would take the cabinet into confidence regarding his recent one-day visit to Qatar, and the peace agreement signed between the United States and the Taliban over the weekend.
The cabinet agenda also include a presentation on electricity by the Power Division. The cabinet will also be briefed about the Pakistan Medical and Dental Council (PMDC), and the Pakistan Medical Commission (PMC) issues. The cabinet will also consider a proposal to transfer the control of select hospitals from the provincial to the federal authorities. The cabinet will also consider the audit of the National Database and Registration Authority (NADRA) accounts for the financial year ended June 30, 2019 and annual report/post-election revenue report 2012 to be presented by the Parliamentary Affairs Division.