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Finance Minister Aurangzeb of Pakistan has announced that Pakistan's privatization efforts are picking up steam, with several state-owned enterprises now up for sale. This move signals the government's commitment to reducing state intervention in the economy and encouraging private sector participation. By selling off these enterprises, the government aims to improve efficiency, attract investment, and stimulate economic growth. Aurangzeb emphasized the importance of this privatization drive in revitalizing Pakistan's economy and fostering a more dynamic business environment.

Political Insights

Pakistan’s Privatization Drive Gains Momentum: State-Owned Enterprises on the Block

Finance Minister Aurangzeb contended the nonexistence of tactical state-owned enterprises (SOEs), emphasizing the imperative for privatization…

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