Overview
- Ministers ratified the sale of a 75% stake in Pakistan International Airlines, with the prime minister calling the bidding “highly transparent” and a milestone for overhauling loss-making SOEs.
- The cabinet approved measures to provide relief to electricity consumers affected by the off‑grid captive power levy and moved to issue an ordinance to amend the Captive Power Plants Levy Act to allow third‑party gas sales.
- Prime Minister Shehbaz Sharif cited encouraging first‑quarter GDP growth and said the economy has shifted from the brink of default toward stability.
- Earlier this week, the government launched a 142‑action Economic Governance Reforms package to be implemented by 58 institutions across taxation, energy, SOEs, pensions, tariff rationalization and regulatory simplification.
- An editorial raised concerns over rising power tariffs, reliance on existing taxpayers, and the design of some privatisations, pointing to implementation risks despite official optimism.