ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting to review restructuring of the Pakistan National Shipping Corporation (PNSC).
The meeting discussed transforming PNSC into a competitive, commercially viable and globally recognised maritime entity. Participants reviewed proposals to enhance operational efficiency and align corporate governance with international best practices.
Ishaq Dar emphasised that the restructuring process must be anchored in professionalism and aligned with global standards. He directed the concerned authorities to engage world-class shipping and financial consultants to devise a forward-looking roadmap to maximise commercial returns, strengthen Pakistan's maritime trade logistics and safeguard our national economic interests.
The meeting was attended by Federal Minister for Maritime Affairs; SAPM Tariq Bajwa; Secretary Maritime Affairs; and senior officials from concerned ministries anddepartments.
Meanwhile Ishaq Dar chaired a meeting of the Committee for Monitoring and Implementation of Conservation and Additional Austerity Measures at the Ministry of Foreign Affairs.
The Committee took stock of ongoing implementation and follow-up on earlier decisions, focusing on expenditure management and conservation of resources across ministries and divisions.
The DPM/FM emphasised that sustained follow-through and close coordination were essential to achieving the objectives of the government's austerity drive. He called for continued efforts to reduce avoidable expenditure and improve administrative efficiency, underscoring the shared responsibility of all concerned institutions in translating these measures into lasting savings.
The meeting was attended by the Minister for Information Technology and Telecommunication; SAPM Tariq Bajwa; Secretaries of the Cabinet, Law and Justice, Information and Broadcasting, and Federal Education and Professional Training; along with senior representatives from all provinces, AJK and GB and concerned ministries.