Pakistan cut SOE losses to Rs832B by 2025, gained Rs40B net, and privatized key firms amid reforms.

Finance Minister Muhammad Aurangzeb announced that Pakistan's state-owned enterprises (SOEs) reduced losses from Rs905 billion in 2023 to Rs832 billion in 2025, saving about Rs142 million daily. Despite Rs2.1 trillion in government support, SOEs generated a net positive inflow of Rs40 billion in the last fiscal year. The government has transferred 26 SOEs to the Privatization Commission, shut down several loss-making entities like the Public Works Department and PASSCO due to corruption and inefficiency, and completed privatization of First Women Bank and Pakistan International Airlines. The Agricultural Development Bank, House Building Finance Corporation, and five electricity distribution companies are next in line, with all sales to proceed transparently.