ISLAMABAD - Finance Minister Senator Muhammad Ishaq Dar has said that the present government would ensure timely provision of funds on top priority to strategic projects of the country so that they can continue their work smoothly without any interruption for further strengthening national security.

He made these observations during a meeting with Director General Lt. Gen (Retd) Khalid Ahmad Kidwai and Lt. Gen. Zubair Hayat, who called on him to discuss issues pertaining to Strategic Planning Division (SPD).

The Finance Minister was apprised and briefed about the current status of some of the important projects that SPD is currently pursuing with detail of financial outlays.

During the meeting certain procedural and inter-departmental coordination issues also came under discussion. The Finance Minister directed the relevant authorities to improve inter-departmental harmonisation and resolve all procedural issues expeditiously.

Earlier, chairing a meeting on privatisation process, Finance Minister Senator Muhammad Ishaq Dar has said that the government is committed to the process of disinvestment of heavy loss making Public Sector Entities (PSEs) which shall be carried out transparently and in an efficient manner in the national interest.

The Finance Minister said that the disinvestment of PSEs shall be carried out preferably through strategic partnership and directed the Privatisation Commission to develop a strategy to balance the competing objectives of maximizing benefits to the country while ensuring the protection of rights of employees of PSEs.

The Finance Minister said that at present national and international capital markets are buoyant and the country must benefit from the present confidence of the investors in the present government.

During the meeting, the Privatisation Commission briefed the Finance Minister about the decisions taken by the Privatisation Commission Board recently.

The Chairman Privatisation Commission Muhammad Zubair assured the Finance Minister that all formalities would be adhered to and transparency would be its hallmark.