PM constitutes committee to work out business plan for PSM

May 2, 2013 Off By Web Desk

Islamabad: Prime Minister Justice (R) Mir Hazar Khan Khoso has directed the Ministry of Finance to work with the Ministry of Production and the management of Pakistan Steel Mills and work out a financial package so that this strategic financial asset can be made a feasible entity.

These directions were given by the Prime Minister in a meeting held to review a bailout package for Pakistan Steel Mills at the PM’s House on Thursday.

The Prime Minister constituted a committee comprising representatives of finance, production and management of Pakistan Steel Mills to work out a business plan and present it to him for consideration in the shortest possible time.

The meeting was attended by Minister for Production, Shahzada Ahsan Ashraf Shaikh, Advisor on Finance, Dr. Shahid Amjad Chaudhry, Secretaries Ministries of Finance, Production, Planning, CEO Pakistan Steel Mills and other senior government officials.