Privatisation Law Updated: More Powers Given to Prime Minister

Published On 27 Apr, 2026
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Simple News Explanation

Pakistan’s National Assembly has passed a new amendment to the Privatisation Commission law.

This law mainly changes who has authority in privatization decisions and simplifies the process.

What This New Law Says

1. More Power to Prime Minister

  • Key decisions will now be handled directly by the Prime Minister
  • Includes:
    • Appointments
    • Salaries and benefits of officials

2. Changes in Authority Terms

  • The word “Cabinet” is replaced with “Federal Government”
  • Makes legal wording clearer and consistent

3. Easier Privatization Process

  • Earlier: Needed consultation with Federal Government
  • Now: Only relevant ministry and enterprise consultation may be enough

This makes the process faster and more practical

4. Structural Improvements

  • Some legal clauses removed or updated
  • Better clarity in roles and responsibilities

Why This Matters:

  • Speeds up privatization decisions
  • Centralizes authority at top level
  • Aims to improve efficiency in economic reforms

Short Summary:

  • PM gets more control in privatization matters
  • Legal wording simplified
  • Process becomes faster
  • Focus on efficient decision-making