Revival of PSM is top on agenda of govt, says Imran

ISLAMABAD: Prime Minister Imran Khan has stated that the revival of Pakistan Steel Mills (PSM) is among the top priorities of the government.
Prime Minister Imran Khan chaired a high-level session to discuss the steps for the revival of the state-owned PSM.
The prime minister further said that the government is making all-out efforts to transform PSM into a profitable entity which will also increase additional burden on the national exchequer.
The session was attended by Adviser to PM on Commerce, Textile, Industries and Production and Investment Abdul Razak Dawood, federal minister for privatisation Mohammad Mian Soomro, Board of Investment (BoI) chairman Zubair Gilani and other officials.
PM Khan was briefed over different recommendations for the revival of the steel mills. During the briefing, the premier was told that China and Russia have offered to provide assistance to revive PSM as its companies expressed interest to make investments.
The officials told PM Khan that the concerned institutions are mulling over different recommendations and the offers placed by the foreign companies.
The premier urged concerned authorities to activate the national entity so that it will play its role in the national development.
Meanwhile, Prime Minister Imran Khan has scheduled to depart for a visit to China on Monday night while all preparations have been completed his forthcoming visit to Beijing, ARY News reported on Friday.
The premier will be accompanied by an advisor and three federal ministers.
During his visit, PM Khan will hold discussions with the top leadership of China over Kashmir dispute, China-Pakistan Economic Corridor (CPEC), ML-01 project and other matters of bilateral interests.
According to the sources, PM Imran, during his visit, will meet Chinese President XI Jinping and other high-level authorities, to thank them for supporting Pakistan’s stance on the Indian occupied Kashmir issue.
Several memorandum of understanding (MoU) will also be signed in PM Imran Khan’s visit to China.
It may be noted that last month, the Chinese ambassador had called on PM Khan to convey best wishes from the Chinese president, before leaving to the US, to address the UNGA session.
Meanwhile, Prime Minister Imran Khan on Friday chaired a meeting of spokespersons for the government and Pakistan Tehreek-e-Insaf (PTI) to discuss Maulana Fazlur Rehman’s anti-government Azadi March.
According to sources, the participants were of the opinion that Maulana Fazlur Rehman should not change Azadi March date. He must come to Islamabad so that nation could see how JUI-F chief is playing to achieve his political goals.
Meanwhile, Prime Minister Imran Khan stated that Maulana Fazlur Rehman is trying to save his sinking political career. The government is introducing reforms in madrassas which has worried Maulana the most. After these reforms, madrassa students will not be used for such acts.
On Thursday, Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman announced that the party would begin its anti-government ‘Azadi March’ or Freedom March on October 27.
The announcement by Fazlur Rehman has shaken up the country’s dormant political scene overnight forcing the Pakistan Tehreek-e-Insaf (PTI) government to devise a counter strategy against the potential political challenge. – NNI

Leave a Reply

escort