Pakistan, July 17 -- Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Wednesday chaired a high-level meeting of the Committee constituted by the Prime Minister to oversee the closure and privatization of the Utility Stores Corporation (USC).

The Committee has been tasked with ensuring a smooth and transparent closure process, formulating a suitable VSS for USC employees, and recommending a structured timeline for privatization.

Special Assistant to the Prime Minister on Industries & Production, Haroon Akhtar Khan; Secretaries Establishment, Finance, Industries & Production, Managing Director of USC and senior officers from the Finance and Revenue Division attended the meeting today.

During the meeting, the c...