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The Pub­lic Accounts Committee (PAC) on Tuesday propo­sed deferring the privatisation of power companies, expected to take place in January, until their assets, machinery, land and other properties are properly assessed and revalued to prevent potential losses to the national exchequer.

The country’s Public Sector Development Programme (PSDP) spending in the first four months of the current fiscal year struggled at only 10 per cent of the annual allocation.