EXPERTS DIVIDE ON WHETHER PAKISTAN STEEL MILLS WILL BE BOOSTED BY NEW BOSS
April 14th, 2014
Opinion is divided in Pakistan over whether the government’s appointment of the retired Major General Zaheer Ahmed as the chief executive officer (CEO) of Pakistan Steel Mills (PSM) will boost the viability of the ailing steel-maker.Dr Salman Shah, former finance minister under a liberal-led government between 2004 and 2008, told Steel First investment worth billions is needed to revive the PSM, and the current conservative government of Prime Minister Nawaz Sharif does not have that kind of money.Dr Shah told Steel First that PSM should be privatised. Asked ...
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