Islamabad: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) on Friday.

The Committee reviewed ongoing initiatives related to the privatization of state-owned entities. Discussions focused on finalizing G2G arrangements to ensure smooth transfer of assets, enhance efficiency, and promote private sector participation in line with economic reforms.

On a summary submitted by the Privatisation Division, the Committee approved the reference price of the First Women Bank Limited (FWBL) - a key milestone towards facilitating UAE investment in Pakistan's banking sector.

The meeting was attended by the Minister Finance, SAPM Tariq Bajwa, SAPM on Railways, Secretary Caninet, Privatization, and senior officials from concerned departments.