| GEO Business|
| 22 govt. corporations running in deficit: Manzoor|
| Updated at: 0758 PST, Tuesday, December 15, 2009|
KARACHI: Federal Minister for Industries and Production Mian Manzoor Watto said Monday as many as 22 semi-government business corporations and organizations are working under deficit and called for support of private sector for their restoration, Geo news reported.
In a gathering here in metropolis, Manzoor Watto said total 22 government business corporations are working in deficit including Pakistan Steel Mills (PSM).
He asked the private sectors to come forward and extend their support for the restoration of those organizations.
Government is planning to sell out the shares of those corporations to private sectors besides, inclusion of private sectors in their board of directors.