Decision not to privatize 2 LNG power plants included in IMF plan

Decision not to privatize 2 LNG power plants included in IMF plan

--File photo
–File photo

It has been decided not to privatize 2 LNG power plants included in the share plan with the International Fund (IMF).

According to the sources, during the caretaker government, Haveli Bahadur Shah and Baloki Power Plant will not be privatized, the process of privatization cannot be completed during the caretaker government.

Privatization Commission sources say that the decision to privatize the two power plants will be taken by the elected government.

According to sources in the Power Division, there was a commitment with the IMF to privatize the Haveli Bahadur Shah and Baloki power plants.

The IMF has called for the privatization of government-owned enterprises, including power plants.

Sources related to this matter say that if the power plants are not privatized, the IMF may make strict demands in the economic review.

According to the sources, the IMF suggested that privatization of power plants would increase foreign exchange reserves.

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Decision not to privatize 2 LNG power plants included in IMF plan
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