Pakistan’s Business Divestment Drive 2026: PIA Sold, DISCOs Next in Line

Pakistan Privatization Commission officials at PIA auction in Islamabad December 2025

Pakistan’s privatization agenda has reached a historic milestone in 2025-26. The Arif Habib-led consortium has completed the acquisition of all shares in Pakistan International Airlines (PIA), concluding the privatization process of the national carrier.Now, the government is pushing forward aggressively with DISCO privatization, including FESCO privatization news, as part of a sweeping business divestment plan tied directly to IMF loan conditions. Background: Why Pakistan Is Divesting State Enterprises Pakistan has been struggling for years under the weight of loss-making state-owned enterprises (SOEs). SOEs had reported losses of Rs905 billion in…

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