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ISLAMABAD: Federal Finance Minister Ishaq Dar has stressed the need for reinvigorating the role of Pakistan Development Fund (PDF) and State-Owned Enterprises (SOEs) by linking business plan, governance structure and financial viability with the concept of accountability to safeguard the public.

The minister was chairing a meeting on the Securities Exchange Commission of Pakistan’s matters at the Finance Division on Wednesday.

SAPM on Finance Tariq Bajwa, SECP Chairman Akif Saeed and senior officers from the Finance Division attended the meeting.

The meeting discussed and reviewed the progress of the SECP related to the role of PDF and the SOEs.

The meeting also discussed modalities for bringing improvement in the governance of SOEs and line ministries and restructuring of PDF in order to revitalise its role to promote infrastructure in the country in the context of the SOE Act, 2023.

Copyright Business Recorder, 2023

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Shaukat Malik May 01, 2023 05:44pm
Ishaq Dar has no solid plan for SOEs. All these meetings are held to show that he is doing something useful. He should be focusing on loss making SOEs that are a drain on taxpayers money. He has already upset the IMF and undone all work by Miftah Ismael . He is not an economist and has no idea on how to deal with the IMF. He should pack up his bags and leave for London while he still has the chance.
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