Privatization of state assets in Pakistan has long sparked debate. Advocates highlight efficiency gains and reduced fiscal burdens, while critics warn of monopolies, job losses, and wealth concentration. With the government preparing a new round of privatization after six years, this paper reviews the existing framework, past experiences, and IMF‑linked commitments. It argues for a cautious, criteria‑based approach focusing on restructuring loss‑making public enterprises, protecting employee interests, and strengthening regulatory oversight rather than a rushed sale of strategic or profitable assets.
