Custodian Federal Minister for Privatization Fawad Hasan Fawad said that Pakistan International Airlines (PIA) is not being shut down, but all the institutions whose privatization process has already started will be completed. Privatizations that have been done by previous governments will complete the process.
Caretaker Privatization Minister Fawad Hasan Fawad while holding a press conference along with Caretaker Information and Broadcasting Minister said that unnecessary propaganda is being done that the caretaker government is bringing an agenda of privatization which the constitution and law does not give us.
He said that my ministry is privatization and we have not assumed this power for ourselves but we have added a clause in the amendment that the power of caretaker government has been increased and it was discussed in detail and it was said that The caretaker government will continue for the continuation of the process.
He said that one thing should be clear in everyone’s mind that there is a fixed time in every process of privatization and no one can ignore it. He even heard that Fawad Hasan Fawad has been given the task to complete PIA within three months. should be closed.
Fawad Hasan Fawad said that on the first day after taking over the portfolio of the ministry, he came to know that PIA was trying to get a loan from June to maintain its flights, but with the help of the finance minister, we stopped that work within 48 hours. I have fulfilled and today PIA flights are continuing and planning for it.
He said that these are listed companies and it has a value but that value is affected by such rumours.
He said that the work we are doing today has been given to us by the elected government and we have not thought of any authority for ourselves. The process of privatization of companies is in various stages and this process has started since 2001.
He said that the caretaker government has not added any company or institution because it is not in our mandate, if they do such a thing, it will be wrong, but the institutions and companies that the elected government has put in the list of privatization, this process Moving forward is our power as long as we have the mandate, and our job is to keep the process going in the meantime.
The supervising federal minister said that even in the last two years, the transactions of the privatization works have not been done yet because there is a dispute between the central and provincial governments, and there is a dispute between the shareholders, even the privatization. We are fulfilling what the previous governments have done, taking forward the process of the institutions in the list.
He said that the institutions which have gone through the process of privatization but have not been completed due to any legal complication or process error are completing this process by removing the process and legal loopholes.
Talking about the Privatization Commission, he said that we are trying to reduce the losses, which are currently facing the government and the finance ministry from all sides, which are burdening the government and the common man. .
He said that if the government’s deficit increases, the common man bears the brunt of it because it causes inflation and reduces the purchasing power, and the more the deficit increases, the more the government has to give subsidies. Capacity decreases.
Fawad Hasan Fawad on a question regarding Senator Raza Rabbani’s statement said that I respect him and the constitution mentions the caretaker government and after that all the clauses are in the election act but now the powers of the caretaker government have been increased. , which includes privatization among other things.
He said that the focus on PIA is more in my opinion because there is more interest on PIA, otherwise our focus is on all other institutions, but we are giving the first priority to one institution because it is the one that has the most damage. is causing and should be reduced as soon as possible.
Regarding Pakistan Steel Mills, he said that the process started in 2020 as a result of which 4 Chinese parties came forward and during this time the economy was damaged due to Corona and those companies are no longer interested because steel at global and local level. The demand has decreased significantly.
He said that one of these companies still exists and we are dealing with only one company and will talk again but my personal view is that there should never be a single party bid, so this decision will be taken by the cabinet. will do
He said that we are privatizing steel mills only the operative assets which are part of steel mills, buildings, structures, machines and the land on which these things are located and other land is not part of this privatization. is
The caretaker privatization minister, referring to PIA, said that the people of Pakistan have the right to have an airline that can take them to their desired destination in less time.
He said that if an airline is making annual losses of billions of rupees despite having 96 most profitable routes, then Pakistanis abroad reach their destination in about 20 hours instead of 8 hours and buy tickets for foreign airlines. Money goes there.
He said that I can assure you that PIA will not be closed, on the day I came, PIA was going to be closed, while the caretaker prime minister had also instructed that PIA is not being closed under any circumstances.
He said that if an organization shuts down, for example, it may not happen that PIA shuts down and yet employees are given a plane, then they will not have a flight, but PIA will have it, not any employee. They are being fired rather they are being reshuffled and volunteer opportunities will be created for them and not pressured.
To a question, he said that I am responsible for my every decision and ready for accountability and this is a responsibility that no one else is ready to bear, if Pakistan does not get rid of these loss-making institutions. If left, we may end up in a worse situation than the current situation.
Fawad Hasan Fawad was asked that his relationship is being linked to Muslim League (N), so he said that he worked in his government job for 35 years and worked in Balochistan for about 11 years, so I am also related to Nawab Zulfiqar Magsi. It should be connected, Sardar Akhtar Mengal should also be connected, Nawab Akbar Bugti, Taj Haider Jamali should also be connected.
He said that it is up to you or a few people, I am related to anyone, but if you look at the history, when the government was formed in April 2022, I did not join this government, if I had been a part of the Muslim League. So why did he not join this government?
He said that the people with whom the civil servants work do not decide themselves, but the people decide who will govern and the civil servants are required to follow their orders.
Fawad Hasan Fawad said that I was asked to take this responsibility although I think the period is short because the process of privatization is long and the process has to be completed after getting approval from the cabinet.
Election Commission’s announcement is welcome, Murtaza Solangi
Custodian Federal Minister for Information and Broadcasting Murtaza Solangi said that the announcement of election date by the Election Commission is welcome, today is a day of disappointment for those spreading rumours, we are happy that elections are being held in the country under the constitution. .
He said that under the constitution of Pakistan, this country will be run by its elected representatives.
The caretaker information minister said that regarding the elections, the Election Commission will complete all the work by November 30 and under the Election Act 2017, all the political parties will be given 54 days for election campaign.
He said that according to the Election Commission, elections will be held in the last week of January, which is a big news. We are happy that elections will be held in the country under the constitution. .
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