Advertisement
News

Not Government’s Role to Run Businesses: Abdul Aleem Khan

Advertisement

Addressing a gathering at the Rawalpindi Chamber of Commerce, Federal Minister for Privatization, Board of Investment, and Communications, Abdul Aleem Khan, reiterated the government’s commitment to fostering a conducive environment for business growth through privatization initiatives.

“It is not the government’s role to engage in or manage businesses,” emphasized Abdul Aleem Khan, underlining the administration’s focus on facilitating the business community.

Highlighting the significance of a robust business sector for national prosperity, the minister emphasized that fostering a thriving business environment ultimately benefits the common citizen.

Abdul Aleem Khan unveiled the government’s plans to privatize 24 state-owned institutions, with Pakistan International Airlines (PIA) topping the priority list. He pledged transparency in the privatization process and revealed that several major business groups have already expressed interest in acquiring PIA.

Read: PM Shehbaz Announces Comprehensive Privatization Plan for Government-Owned Enterprises

“Several major business groups have shown interest in the privatization of PIA,” he stated optimistically.

Moreover, Abdul Aleem Khan underscored the pivotal role of chambers of commerce in promoting investment and economic growth. He affirmed his commitment to collaborating closely with the Chamber to cultivate an investor-friendly environment conducive to economic development.

Advertisement
Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

Recent Posts

Govt Renegotiating Power Deals with IPPs: Awais Leghari

Pakistan's government is in talks to renegotiate contracts with independent power producers (IPPs) in a…

10 hours ago

Meta’s Simon Milner speaks to TCM on investing in youth and innovation

Simon Milner, Meta’s Vice President of Public Policy for the Asia Pacific region, joined Talha…

12 hours ago

Women Dominate State Bank’s Currency Design Contest, Winning Top Prizes

Women have emerged as the top winners in the State Bank of Pakistan’s (SBP) competition…

1 day ago

Govt Bans New Recruitments, Overseas Med Treatments, and Vehicle Purchases to Reduce Public Expenditures

The federal government has announced a series of austerity measures, including a ban on new…

1 day ago

Rizwan Likely to Take Over White-Ball Captaincy, Replacing Babar

Pakistan cricket team's wicket-keeper and batsman Mohammad Rizwan has emerged as a strong candidate for…

2 days ago

China’s Hainan Island Faces Worst Typhoon in a Decade, Over 400,000 Evacuated

Wenchang city, located in the northeast of Hainan Island, China, was struck by Typhoon Yagi,…

2 days ago