The Aporia
Privatisation framework. (2026, October 27). Dawn. https://www.dawn.com/news/2040134/privatisation-framework
“Privatisation framework.” Dawn, 27 Oct. 2026, https://www.dawn.com/news/2040134/privatisation-framework.
“Privatisation framework.” Dawn, October 27, 2026. https://www.dawn.com/news/2040134/privatisation-framework.
Dated from the outlet's own feed. Check the original for its byline.
As of October 27, 2026, Pakistan's Privatisation Commission and Public-Private Partnership Authority (P3A) are set to merge into a single institution, according to Dawn. This consolidation aims to streamline the mobilisation of private capital for managing public assets and developing infrastructure where state resources are limited. The new entity is expected to operate under clear governance rules including transparency, relevant expertise, political independence, performance benchmarks, strong accountability, and conflict-of-interest regulations.
The merger addresses overlapping mandates between the two bodies in bringing private investment into areas traditionally managed by the government. Privatisation involves transferring ownership or control of state assets, while PPPs enlist private capital for projects the government cannot finance independently. Both methods require robust financial assessments and clear risk management to avoid poorly structured transactions that could burden the state with inadequate returns or costly obligations.
Pakistan faces persistent fiscal constraints, making it imperative to seek private investment to manage loss-making enterprises without depleting public resources further.
THE proposed merger of the Privatisation Commission and the Public-Private Partnership Authority (P3A) into a single institution is a sensible move.
It will end the duality of functions and provide a more coherent framework for mobilising private capital to manage public assets and develop physical infrastructure for which the state has limited resources to spare.
Private investment can help ease these pressures, but it is not an end in itself.
The proposed legislation envisages four public funds to support privatisation and PPP transactions. These instruments could help prepare viable projects and attract investment.
Public scrutiny is particularly important when private investors enter long-term arrangements that may impose financial obligations on taxpayers and successive governments.