Pakistan Steel Mills will not be privatized: Kaira

[Edevelop]

Minister for Information and Broadcasting Qamar Zaman Kaira categorically stated that Pakistan Steel Mills will not be privatized.
Addressing the Peoples Workers Union of Pakistan Steel Mills in Karachi on Wednesday‚ he said all out efforts will be made to again transform Pakistan Steels into a profitable entity and help it stand on its own feet. He said we have already announced bailout package for Pakistan Steels and all the resources will be provided to revive it.
Qamar Zaman Kaira said we have a special affection for Pakistan Steel Mills as the foundation of this important institution was laid by Shaheed Zulfikar Ali Bhutto. He said employees of this institution will be given shares under Benazir Stock Option scheme after the revival of Pakistan Steels.
He said Shaheed Zulfikar Ali Bhutto gave the voice to the laborers and we will continue to pursue his philosophy for the empowerment of workers.

Pakistan Steel Mills will not be privatized: Kaira | The Nation

 

[MilSpec]

bad move....

 

[A.Rafay]

Good move. A good and competent govt can change a company from loss to profit, present corrupt govt days are numbered.

 

[Edevelop]

^^ Just another month or two left for PPP. Hoping the next government brings change.

 

[A.Rafay]

^^ Just another month or two left for PPP. Hoping that next government brings change.

We need strong economic and trade policies and governments will to implement them, and a good check & balance system.

 

[explorer9]

Does Kaira have mandate to privatize the PSM?

 

[indian_foxhound]

^^ Just another month or two left for PPP. Hoping the next government brings change.

So whom you are expecting as your pm

 

[Edevelop]

So whom you are expecting as your pm

PML-N and PTI, the two parties are my top choices. If they make alliance, it will best for Pakistan. I believe in common interests. Having a Prime Minister and relying on him or her alone should be the last thing to think about and i don't think it would make us as a nation or democratic.