{
  "id": 13895871,
  "title": "Pakistan sees growth above 4%, looks to raise more than US$1 billion from privatisation",
  "url": "https://urgent.news/2026/10/12/pakistan-sees-growth-above-4-looks-to-raise-more-than-us-1-billion-13895871",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-12T05:08:00.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/pakistan-sees-growth-above-4-looks-raise-more-us1-billion-privatisation-6452106"
  },
  "original_language": "en",
  "account": "Pakistan's economy is projected to expand by over 4 percent this fiscal year, despite high oil prices and the influence of ongoing conflicts in the Middle East, according to Finance Minister Muhammad Aurangzeb. The government aims to raise more than US$1 billion through the privatization of five to six entities, including state-owned power distribution companies and airport operations. Pakistan's vulnerability to regional conflicts is heightened due to its reliance on Gulf energy imports and foreign financing. The country has successfully acquired sufficient fuel supplies and critical sectors like agriculture remain stable. The IMF-supported Extended Fund Facility loan program, coupled with additional financial assistance from the US, Israel, and Iran-led war costs, is helping Pakistan recover from the economic impact of the COVID-19 pandemic. Privatization efforts, following the successful sale of Pakistan International Airlines, could unlock additional funding and demonstrate Pakistan's commitment to reform.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Pakistan sees growth above 4%, looks to raise more than US$1 billion from privatisation",
        "url": "https://urgent.news/2026/10/12/pakistan-sees-growth-above-4-looks-to-raise-more-than-us-1-billion",
        "published": "2026-10-12T05:08:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation",
        "url": "https://urgent.news/2026/10/12/pakistan-sees-growth-above-4-looks-to-raise-more-than-1-billion-from",
        "published": "2026-10-12T05:17:24.000Z"
      },
      {
        "outlet": "Dawn Business",
        "title": "Pakistan looking to raise more than $1bn under govt push for privatisation, says finance minister",
        "url": "https://urgent.news/2026/10/12/pakistan-looking-to-raise-more-than-1bn-under-govt-push-for",
        "published": "2026-10-12T07:10:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}