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Prime Minister Shehbaz Sharif on Tuesday recommended expanding the privatisation of electricity distribution companies (Discos) while maintaining transparency.
Chairing a meeting focused on Discos’ privatisation, the premier stated that the privatisation of state-owned companies incurring losses was the government’s priority, according to a post on X by the Prime Minister’s Office (PMO).
Shehbaz directed the meeting attendees to accelerate the process, while urging for “a robust regulatory framework” to be established after the companies have been handed over to private owners.
The prime minister was also briefed on updates regarding the ongoing privatisation drive.
