Privatisation Commission Amendment Bill Presented in National Assembly
By Muhammad MubashirPublished On 10 Feb 2026
National Assembly Passes Privatisation Commission (Amendment) Bill 2024
Pakistan’s National Assembly has approved the Privatisation Commission (Amendment) Bill 2024, updating the law related to how government institutions are privatized.
What Is This Bill About?
The bill makes administrative and legal changes in the Privatisation Commission law to make decision-making clearer and more efficient.
It mainly updates who has authority in privatization matters.
What Changes Under the New Law?
✅ 1. Federal Government Authority Clarified
The law replaces the word “Cabinet” with “Federal Government” in many sections to remove confusion about decision-making powers.
✅ 2. Prime Minister’s Role Strengthened
The Prime Minister will now:
-
Decide salaries, privileges, and facilities of Commission members
-
Have clearer authority over appointments and administrative matters
✅ 3. Faster Privatisation Process
Previously, privatization required multiple consultations.
Now:
-
Consultation with the relevant ministry or enterprise may be enough
-
Decisions can move faster
Why Was This Amendment Needed?
According to the Statement of Objects and Reasons (page 2), constitutional interpretation defines the Federal Government as the Prime Minister and federal ministers, so the law was updated to match this definition and remove legal inconsistencies.
Why This Matters for Youth
-
Aims to improve efficiency of government institutions
-
May attract investment and economic reforms
-
Can influence jobs, business growth, and public sector performance
Short Summary
The National Assembly passed amendments to Pakistan’s privatization law.
The update clarifies government authority and strengthens the Prime Minister’s administrative role.
The changes aim to make privatization decisions faster and more efficient.