Govt Committed to Making State-Owned Enterprises Financially Viable: Aurangzeb
— January 9, 2026
ISLAMABAD (AIA) Finance Minister Muhammad Aurangzeb has reiterated the government’s resolve to reform State-Owned Enterprises (SOEs) by ensuring better governance, accountability, and moving them towards financial sustainability and operational efficiency.
He was chairing a meeting of the Cabinet Committee on SOEs in Islamabad, where the Annual Consolidated Performance Report for FY 2024-25 was presented. The report provided comprehensive insights into the financial and non-financial performance of SOEs, including their fiscal footprint, governance status, and future strategy under the SOEs Act, 2023.
The committee also approved the appointment of independent directors in several key entities including GEPCO, JPCL, EIDMC, ISMO, IESCO, and TESCO, as part of ongoing reforms to strengthen institutional performance.