Islamabad: Federal Minister for Finance Senator Mohammad Ishaq Dar hass stressed on transparency on all privatization transactions in order to ensure sanctity of the procedure involved. He stressed that all such projects should be conducted in an open, fair and transparent manner.

The minister chaired a meeting to review matters related to privatization on Tuesday where Privatization Commission Chairman Mohammad Zubair briefed the minister on the status of the ongoing privatization transactions.

He apprised the minister about the status of various state-owned entities including Pakistan Steel Mills and SME Bank

He said that the government was actively working to resolve the financial bleeding caused to the national exchequer by loss-making state-owned enterprises.

He urged the Privatization Commission to complete the ongoing transactions in a timely manner whilst ensuring full compliance with the applicable laws and regulations.

The meeting was attended by senior officials of the Ministry of Finance and Privatization Commission.