CCOP GIVES GO-AHEAD TO SME BANK PRIVATISATION; REJECTS DELISTING PLEAS FROM OTHERS
(WorldNews Pakistan)

Islamabad: November 15, 2019 The Cabinet Committee on Privatisation (CCoP) in its meeting held with Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Friday, did not agree to the proposal from EERA for delisting of its 17 properties from the 32 assets being processed for sale by Privatisation Commission, and also directed expediting the pace of work on privatisation of SME Bank Limited as well as the PIA Investment Limited. The CCoP also took up privatisation of SME Bank Limited as decided by an earlier CCoP meeting in October last year, and approved a transaction structure submitted by Privatisation Commission for the privatisation of the bank. Earlier, the CCoP was...