Privatization Committee have held a press briefing to share with the media, the progress of the government’s privatisation programme.

The government’s privatisation programme is aimed at relinquishing government shares in business activities and increasing public-private partnerships.

At the press briefing held at the President’s Office this morning, Chairman of the Privatisation Committee Mahmood Razi elaborated on two mechanisms of the government’s privatisation programme.

The two mechanisms, he said, were the sale of shares held by the government in public companies to the public via an initial public offering, and providing services and developing assets by public-private partnership arrangements.

Mr Razi spoke on the progress of the work being undertaken by the Privatisation Committee, in this regard.