Federal Privatisation Minister Abdul Aleem Khan said on Friday that the strong army is vital for the survival of the country.
Addressing a ceremony in Islamabad in connection with the Defence Day, the Istehkam-e-Pakistan Party (IPP) president said: “The enemies are responsible for the untoward incidents happening in Balochistan and Khyber Pakhtunkhwa.”
“Not only this, but the enemies are right now funding to spread unrest,” he said.
Aleem Khan lavished his praise on the Pakistan Army, saying, “Every day, our soldiers are sacrificing their lives for the sake of the country’s defence.
– Privatisation of loss-making institutions crucial for economic health –
Few days back, Aleem Khan stressed on Thursday the urgency of privatizing loss-making institutions to alleviate the burden on the national treasury and strengthen the economy.
He made these remarks while presiding over the 223rd session of the Privatization Board in Islamabad.
Highlighting the importance of swift action, the minister stated, "Privatisation of loss-making institutions is paramount. According to the law, these matters must be handled quickly."
He further stressed the need for confidentiality where necessary, particularly in privatisation transactions, to ensure the integrity of the process.
The minister pointed out that the country's improving economic indicators, as reflected in the latest credit rating, demonstrate the potential benefits of privatization.
"The positive rating is a clear proof of the economic stability that can be achieved through reducing the fiscal burden of inefficient public enterprises," he said.
During the session, Mr Aleem Khan provided a detailed briefing on various ongoing issues related to the privatization process. Abdul Aleem Khan reiterated his commitment to conducting privatisation with the broader national interest in mind, ensuring that the process remains transparent and effective.
