Dar reviews progress on PSE Reform project; emphasizes for improving monitoring of financial position

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar chaired a meeting on Public Sector Enterprise (PSEs) Reform Project on Tuesday at the Finance Division.

The meeting was attended by Finance Secretary and other senior officers of the Finance Division, Ministry of Water and Power, Ministry of Petroleum and Natural Resources and Privatization Commission. Director General IERU apprised the meeting about overall context of this project and ongoing efforts of different Ministries and organizations for reforming PSEs in Pakistan

Finance Minister appreciated the initiative to develop database for performance of PSEs and Investments. He emphasized the need to improve monitoring of financial position of PSEs. He further stated to enhance compliance of benchmarks agreed under different energy sector reform initiatives.

It was decided that another meeting will be held soon for further deliberations on the project.

INP

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