ISLAMABAD – Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain on Thursday said that the Federal Cabinet has decided to constitute “Sarmaya Pakistan Company” to revive 193 state entities, running in loss and manage their affairs in an efficient manner.
Prime Minister will head the Board of Governors of this company while three ministers will be its members. Top professionals from various fields will be hired to become part of Board of Governors.
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It will look into the affairs of all State Owned Enterprises and will give suggestions to cabinet for running these on professional lines.