Focusing on privatisation raises doubts on interim govt’s intent with regard to its tenure: PTI

PoliticsFocusing on privatisation raises doubts on interim govt’s intent with regard to...
  • Reminds caretaker govt primary mandate to hold free, fair polls within 90 days

ISLAMABAD: Pakistan: The Tehreek-e-Insaf (PTI) Spokesperson made it clear that the primary mandate of the caretaker government was to hold free, fair and transparent polls in the constitutionally defined time limit of 90 days instead of focusing on privatization of the Sate-Owned Enterprises (SOEs) in such a short term.

Reacting to the interim government’s privatization plan, the PTI Spokesperson said that the caretaker setup wanted to tackle the losses being incurred by SOEs by undertaking sale of these entities that raised suspicions on the intent of the interim setup regarding its tenure, besides creating a legal challenge.

However, he reminded: “The best thing the interim government can do is to expedite the election process and ensure elections are held within 90 days, so that the process of fixing SOEs can then be undertaken by an elected government with a mandate.”

“PTI believes that the government has no business running businesses. Therefore, it is in favour of an orderly and transparent exit from these companies through strategic sale of their shares by the privatisation commission, but with an elected government in place,” PTI spokesperson added.

The Spokesperson went on to say that given that the interim government’s term was short and its primary mandate was to hold free and fair elections, the only thing they can do was to help SOEs was to improve their efficiency and cut losses.

“Focusing on privatisation and trying to expedite it in such a short tenure raises suspicions on the intent of the interim government with regards to its tenure, opens the government up to allegations of impropriety, and also makes any privatisation activity subject to legal challenge, further complicating a sensitive process,” he remarked.

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Commerce Minister Dr. Gohar Ejaz Champions Pakistan-China Trade During Visit to Beijing

BEIJINC, China: The Caretaker Minister of Commerce Dr. Gohar Ejaz is leading a more than 20-member delegation currently in China.This endeavor follows the...

Indian Supreme Court confirms that India had never been a secular state

Monitoring Desk: The decision of the Indian Supreme Court refusing to recognize the special status of Article 370 reconfirmed that India had never been...
A dangerous game of hateful narrative

A dangerous game of hateful narrative

By Agha Iqrar HaroonThree-time former prime minister Mian Nawaz Sharif when landed back from London to Lahore, declared the policy of restraint, forgiveness, and...

Indian Supreme Court Upholds Abrogation of Special Status of Jammu and Kashmir

By Padmakshi SharmaThe Indian Supreme Court on December 11 upheld the validity of the Union Government's 2019 decision to repeal the special status of...

AUD to INR: Australian Dollar to Indian Rupee Today – 11 December 2023

The Australian Dollar (AUD) was trading at 54.69 as per the Indian Rupee (INR) on Monday.Currently, Indians are now the second-largest migrant group in...