The Ministry of Information and Broadcasting has sought approval of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) to categorise Pakistan Broadcasting Corporation (PBC) as a strategic SOE and may consider the option of privatising it at a later stage. Sources said that the Ministry of Information and Broadcasting, in a summary, stated that the Ministry of Finance’s report on SOEs Triage – Reforms and Way Forward dated 3rd March 2021, categorised PBC as national security and defense-related entity and recommended it to be retained as basic state media. The ministry contended in the summary that in pursuance of the SOEs Ownership and Management Policy, 2023, (Business Recorder)
5/6/2024