20 C
Lahore
Wednesday, February 5, 2025

Government greenlights the second phase of institutional rightsizing

The federal cabinet, under the leadership of Prime Minister Shehbaz Sharif, has approved the second phase of rightsizing for various institutions.

Key decisions include limiting institutional services to a maximum of three years and launching third-party audits through reputable consultants appointed via the Public-Private Partnership Authority.

The cabinet also approved several amendments related to the upgrading and merging of institutions. The rightsizing committee will work closely with third-party consultants to finalize the Terms of Reference (TORs).

The Pakistan Industrial Technical Assistance Center (PITAC) has been instructed to focus on achieving self-sufficiency, with its progress to be reviewed in a year. A sub-committee will oversee the implementation of these initiatives.

Previously, Finance Minister Muhammad Aurangzeb emphasized the rightsizing of five key ministries—Kashmir and Gilgit-Baltistan, SAFRON, Industries and Production, IT and Telecom, and Health—with the Prime Minister set to make final decisions. He also reiterated the government’s commitment to minimizing the financial burden on lower-income groups.

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