Deputy Prime Minister Ishaq Dar assured the Senate on Friday of a transparent approach to the ongoing privatisation drive.

Addressing concerns, Dar underscored the necessity of privatisation amidst mounting economic challenges, promising stringent oversight in the decision-making process.

Dar acknowledged the significant financial losses incurred by delayed privatization efforts, particularly highlighting the plight of state-run steel mills. He advocated for the establishment of a committee to investigate the matter further, stressing the need for swift action to prevent further economic setbacks.

Furthermore, Dar condemned the recent Israeli aggression in Palestine, expressing Pakistan's unwavering support for Gaza. He called for international accountability, urging the initiation of legal proceedings against Israel in the International Court of Justice.

Federal Energy Minister Awais Leghari echoed Dar's sentiments on privatisation, emphasizing its role in restructuring state institutions for sustainable growth. Leghari outlined ongoing efforts to draft a comprehensive framework aimed at enhancing operational efficiency and accountability within these entities.

Minister of Information Atta Tarar provided insights into Pakistan's diplomatic efforts on the international front, highlighting the country's advocacy for Palestinian rights at the recent Shanghai Cooperation Organization meeting.

Tarar stressed Pakistan's stance on the Palestine issue, advocating for international recognition and support for the Palestinian cause.

In legislative proceedings, the Senate approved the Governance and Operations Amendment Bill, aimed at streamlining governance structures within state-owned institutions.

Despite opposition from the PTI, the bill passed with a majority, paving the way for enhanced oversight and accountability measures.