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08 Feb
15:30

Privatisation Commission continues with Pakistan Steel lease plan

Pakistan’s Privatisation Commission (PC) says it is working out the details of its plan proposed last month to lease troubled Pakistan Steel Mills (PSM) for 30 years. It will soon present this to the Cabinet Committee on Privatisation (CCoP) for consideration. PC simultaneously rejected reports in the Pakistani press earlier this week that suggested the lease proposal had been thrown out by CCoP due to insufficient information on PSM’s liabiliti…
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