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Tag Archives: After $18bn loss

After $18bn loss, govt to reassess Pakistan Steel Mills liabilities


November 6, 2023

ISLAMABAD: After removing Pakistan Steel Mills (PSM) from the privatisation list, the government has assigned its management consulting to Pakistan Institute of Management (PIM) to re-evaluate core and non-core assets along with legal, fiscal and human resource liabilities, but not before losing more than $18 billion in over eight years of closure. “The purpose of this (Management Consulting) assignment is …

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