CCoSOEs clears proposal to execute FD-PSPC SPA

Government Executes Rs105 Billion Deal to Swap Ownership in PSPC for Full Control of ZTBL

ISLAMABAD: The Pakistani government has approved a significant Rs105 billion transaction aimed at fulfilling its commitment to the International Monetary Fund (IMF). In this deal, the government will swap its ownership in the Pakistan Security Printing Company (PSPC) with the State Bank of Pakistan (SBP) to gain full control over the Zarai Taraqiati Bank Ltd (ZTBL). The Cabinet Committee on State-Owned Entities (CCoSOE), chaired by Finance Minis…

CCoSOEs clears proposal to execute FD-PSPC SPA

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) approved the proposal to execute the Share Purchase Agreement between the Finance Division and Pakistan Security Printing Corporation (PSPC) for acquisition of National Security Printing Company (NSPC) at a value of PKR 41,774 million. A meeting was held Wednesday at the Finance Division under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Auran…