Govt to hire experts to fast-track privatisation

Published
0
Senator Afnan Ullah Khan chairs a meeting of the Senate Standing Committee on Privatisation, in Islamabad on January 30. — SenatePakistan via X
Senator Afnan Ullah Khan chairs a meeting of the Senate Standing Committee on Privatisation, in Islamabad on January 30. — SenatePakistan via X

ISLAMABAD: Riding on the back of the successful privatisation of Pakistan International Airlines, the Privatisation Commission has proposed hiring market-based experts to strengthen its institutional capacity and fast-track the government’s privatisation agenda over the coming year.

Briefing the Senate Standing Committee on Privatisation on Friday, Privatisation Secretary Usman Akhtar Bajwa said a single expert could manage only up to two transactions at a time, making the induction of specialised professionals essential. He said sector-specific expertise, particularly for power distribution companies (Discos), was critical.

The committee was told that the PIA privatisation had been completed with the existing workforce. However, the commission now wanted to engage market-based experts on competitive salaries to handle upcoming transactions.

Members were informed that both the privatisation division and the commission were operating on limited budgets, largely consumed by employee-related expenses. A proposal to increase the commission’s annual budget to enable new hiring was presented to the committee.

While some members questioned the need for additional recruitment, the committee’s chairman, Senator Afnan Ullah Khan, appreciated the commission’s performance and agreed in principle with the proposal. He also commended the ministry and the commission on the successful privatisation of PIA.

Published in Dawn, January 31st, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Restructuring plans
Updated 10 Nov, 2026

Restructuring plans

It would be a much wiser move, politically speaking, to take up any debate on administrative restructuring again after the next general election.
Extreme heat
10 Nov, 2026

Extreme heat

CLIMATE change is already taking its toll on Pakistan’s farm sector. Crop yields are falling, livestock productivity...
Israel power struggle
10 Nov, 2026

Israel power struggle

A POWER struggle is emerging after last month’s elections in Israel resulted in no party securing the requisite...
Antalya agenda
Updated 09 Nov, 2026

Antalya agenda

For Pakistan, the priority should be to secure easier access to climate funds, more grants rather than debt-creating loans, and clear deadlines for financial contributions.
Beyond viewership
09 Nov, 2026

Beyond viewership

PAKISTAN has an enormous appetite for online content. According to the Pakistan Telecommunication Authority, it...
Rabid Modi
Updated 09 Nov, 2026

Rabid Modi

Modi’s silence throughout his reign of fear shows his endorsement of hate.