SOEs to go under the hammer transparently, assures Dar

By Ali Imran

ISLAMABAD: Leader of the House in Senate Ishaq Dar on Friday assured that the privatisation process will be taken forward in a transparent manner and due process will be followed. He however empha-sised there should not be any politics on this matter.
Dar proposed formation of a special committee to ascertain why the privatisation of the Pakistan Steel Mills could not occur, which resulted in the loss of hundreds of billions of rupees from the national kit-ty.
State Owned Enterprises (Governance and Operations) Amendment Bill, 2024
The Senate also passed The State Owned Enterprises (Governance and Operations) Amendment Bill, 2024. It was moved by Minister for Law Azam Nazeer Tarar. The Law Minister said the bill was aimed at enhancing the efficiency of the Boards of Directors of State-Owned Enterprises.
The Senate was also informed that the federal government was encouraging the use of electric vehi-cles for protecting the environment and reducing dependence on expensive imported fuel.
Minister for Law Azam Nazeer Tarar told the House during Question Hour that thirty electric buses have been imported from China in this regard. He said that buses had been stationed at the Jinnah Convention Center in Islamabad where state of the art charging were made available.
The Law Minister told the House that NADRA centers would be established in each Union Council in the next two and a half years.
He said the NADRA had prepared a comprehensive phased wise plan in this regard and 1150 Union Councils will have NADRA centers in ten months.
Earlier, Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar has congratulated Keir Starmer, the leader of the UK’s Labour Party, on the party’s historic victory in the parliamentary election.
In a statement posted on his X timeline, Dar extended “heartfelt felicitations” to Starmer, expressing confidence that the “deep-rooted and broad-based ties” between Pakistan and the UK, founded on shared history and people-to-people contacts, will be further strengthened under Starmer’s leader-ship.
DPM Dar expressed optimism that the two countries will work together to promote global peace, prosperity and development.
Earlier today, the Labour Party under the leadership of Keir Starmer emerged victorious in the United Kingdom’s general election, ending 14 years of Conservative rule.
Starmer is poised to become the country’s next prime minister, replacing outgoing Prime Minister Rishi Sunak.
World leaders, including the presidents of Israel and Ukraine, as well as the prime ministers of Canada, Australia, and New Zealand, have extended their congratulations to Keir Starmer on his party’s land-slide victory. They have expressed optimism for continued cooperation and the strengthening of bilat-eral ties under the new Labour government.
The Labour Party is projected to secure a significant majority in the 650-member House of Commons, with forecasts indicating they will win 410 seats. The Conservatives are expected to hold 144 seats, while the centrist Lib Dems are anticipated to claim 58 seats
Sunak, the outgoing Conservative Prime Minister, has gracefully acknowledged the electorate’s ver-dict, conceding defeat to Starmer’s Labour Party. This paves the way for a smooth transition of power, with Starmer set to assume the role of prime minister within 24 hours.
In his victory speech, Starmer pledged a vision of “national rejuvenation” with a focus on putting the country’s interests above partisan concerns. The Labour leader expressed delight as his party is poised to secure a considerable majority in Parliament, paving the way for significant changes under his lead-ership.