An International Monetary Fund (IMF) delegation is expected to meet Pakistan’s Privatisation Commission as part of the ongoing review of the country’s economic reform programme. Officials are expected to brief the delegation on progress in privatisation and reforms involving state-owned enterprises.
The discussions are likely to focus on three major power distribution companies, Islamabad Electric Supply Company (IESCO), Faisalabad Electric Supply Company (FESCO), and Gujranwala Electric Power Company (GEPCO). The government has been seeking private sector participation in these companies, with investors being invited to acquire between 51% and 100% of their shares along with management control.
The process has already moved forward. The Privatisation Commission received 12 expressions of interest for FESCO and prequalified 10 investors. GEPCO received 11 expressions of interest, while IESCO’s process also advanced after its EOI deadline was extended to September 21.
The IMF has previously identified private sector participation in DISCOs as part of Pakistan’s reform programme. Its latest country report said the first batch had faced delays but was expected to move toward completion in early 2027.
