Finance Minister Chairs Meeting on State-Owned Enterprises
- Finance Minister Chairs Cabinet Meeting, Declares National Disaster Fund an Essential SOE
- Cabinet Approves Key Appointments to PIDC, Pakistan Steel Fabricating Boards
- National Disaster Risk Management Fund Declared a Strategic SOE by Finance Minister
- Finance Minister Approves Appointments to Boards of Key Industrial Enterprises
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, presided over the meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) at the Finance Division today.
The Committee reviewed a proposal from the Ministry of Planning, Development, and Special Initiatives to classify the National Disaster Risk Management Fund (NDRMF), a non-profit public organization focused on enhancing resilience to natural disasters, as a strategic State-Owned Enterprise (SOE) under Paragraph 9 of the SOEs (Ownership and Management) Policy, 2023. After consideration, the Committee approved the classification of NDRMF as an essential SOE.
Additionally, the Committee approved two separate proposals from the Industries and Production Division regarding appointments to the Board of Directors for both the Pakistan Industrial Development Corporation (PIDC) and the Pakistan Steel Fabricating Company Limited.
