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Dar calls buying of 40% PSX shares by Chinese companies historic

Calling the selling of shares of Pakistan Stock Exchange (PSX) a historic moment Finance Minister Ishaq Dar has said that the privatization policies of the government are opening new venues of economic progress.

Speaking as the chief guest at the ceremony held for the formal transfer of 40 percent equity shares of the PSX he further said that the privatization policies of the government are opening new venues of economic progress and that is why during 2016 the percentage of country’s growth rapidly increased.

It may be mentioned here that Chinese companies bid the most to acquire the 40 percent shares of the PSX.

Lashing out at political rivals Ishaq Dar further said that some people are losing sleep over realizing that they could not win the 2018 elections. I appeal to politicians not to do politics over economics, he added.

Dar also warned the tax evaders saying that their lives are going to get more difficult because government has started monitoring the overseas assets of Pakistani nationals after Panama.

He also announced elimination of power load shedding by end this year.