Pakistan's Cabinet Committee OKs move to privatize or partner SRBC, a struggling state broadcaster.

The Cabinet Committee on State-Owned Enterprises in Pakistan has decided not to classify Shalimar Recording and Broadcasting Company (SRBC) as a strategic entity, opening the door to privatization or public-private partnerships. SRBC, facing financial difficulties including Rs2 billion in liabilities, had proposed several options to address its crisis. The committee aims to reduce national losses by questioning the necessity of state entities.