IMF to Tell Pakistan What to Sell Next
A delegation of the International Monetary Fund (IMF) is set to meet officials of Pakistan’s Privatisation Commission as part of … Read More The post IMF to Tell Pakistan What to Sell Next appeared first on ProPakistani .
A team representing the International Monetary Fund (IMF) is scheduled to convene with representatives from Pakistan's Privatisation Commission. This meeting is part of ongoing deliberations concerning Pakistan's economic reform program, as reported by sources to ProPakistani. The IMF delegation will be presented with an update on the government's privatization initiatives and the advancements made in reforms concerning state-run entities.
The privatization process for three power distribution companies has already gained momentum. Expressions of interest (EOIs) have been garnered for the Islamabad Electric Supply Company (IESCO), Faisalabad Electric Supply Company (FESCO), and Gujranwala Electric Power Company (GEPCO), according to sources. Officials from the government are anticipated to inform the IMF representatives about the most recent developments pertaining to these three companies and the forthcoming stages in their privatization procedures.
Privatization and the restructuring of state-owned enterprises continue to be integral components of Pakistan's broader reform commitments under the IMF program. The deliberations with the Privatisation Commission are an essential facet of the IMF's continuous assessment of Pakistan's economic reform program.
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