PTV being restructured, not privatised: Shibli

ISLAMABAD: Information and Broadcasting Minister Senator Shibli Faraz has rejected reports that the government is going to privatise the state-owned Pakistan Television (PTV).

The minister in a statement said that PTV is being restructured as per the vision of Prime Minister Imran Khan.

“The reports regarding PTV’s privatisation are unfounded,” he clarified. adding that the government is in the process of hiring new board members to run the organisation.

It is noteworthy that a list of 19 state-owned entities to be privatised was presented recently in the Senate. These included Roosevelt Hotel in New York owned by Pakistan International Airlines (PIA), Balloki power plant, Haveli Bahadur Shah power plant, SME Bank, First Women Bank, Pakistan Steel Mills (PSM), Pakistan Engineering Company, Services International Hotel, Jinnah Convention Centre, Mari Petroleum, Nandipur power plant, State Life Insurance Corporation, Oil and Gas Development Company (OGDCL), Pakistan Petroleum Limited (PPL) and Giddu power plant.

Must Read

Pakistan’s IT exports could exceed $25b through better utilization of resources:...

ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan's IT exports could exceed twenty-five billion dollars through better utilization of resources and provision of training...