8th meeting of the Board of Directors of Public Private Partnership Authority (PPPA)

ISLAMABAD: Deputy Chairman planning commission Mohammad Jehanzeb Khan chaired 8th meeting of the Board of Directors of Public Private Partnership Authority (PPPA) here in Islamabad on Tuesday. Additional Secretary Planning, Additional Secretary Finance, CEO PPP Authority, Members Planning Commission and Private Sector Development were also present in the meeting.
During the meeting, CEO Malik Ahmad Khan briefed the board on various administrative and operational matters of PPP Authority (P3A). They informed the board that P3A is facilitating projects by providing expertise and hands-on support to the public sector’s implementing agencies. P3A also engaged with the multi-lateral agencies for developing a bankable P3 project pipeline.

The Board considered and ratified the earlier actions of the Executive Committee of the Board including those related to recruitment of consultants and HR-related matters; interim policies and procedures; project development funding support to implementing agencies from the P3A funds; recommendations on various transactions, organization’s administrative and financial matters.
The Board appraised about the salient features of the functioning of P3A and approved the appointment of an Auditor to conduct audit of P3A’s financial statements for the year ended 30th June 2020 & hiring of new consultants for the period of 6 to 12 months. Deputy Chairman Planning Commission directed P3A to recruit top of the line auditors and consultants to maintain and improve organizational standards for Strengthening and enhancing the Government’ PPP program. . The Board directed the P3A to proactively monitor its accounts in light of its annual budget. The Board also accorded approval to the financial and expenditure-related matters pertaining to the relocation of the P3A’s office to the Evacuee Trust Complex (F-5, Islamabad) and the appointment of an external auditor from the panel of Category ”A” firms maintained by State Bank of Pakistan.