SIFC giving priority to transparent privatization of Govt departments

ISLAMABAD: The Special Investment Facilitation Council (SIFC) is prioritizing the transparent privatization of government entities in line with international standards.

In the initial phase, PIA, DISCOs, First Women Bank, and others are undergoing privatization with the assistance of SIFC.

Beyond the financial shortfall, PIA’s total liabilities have surged from 200 billion rupees to 830 billion rupees.Agricultural exports witness significant growth due to SIFC

Government-released data indicates that DISCOs have faced losses exceeding 376 billion rupees. By addressing this shortfall through transparent privatization, the government can allocate more resources for public welfare.