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ISLAMABAD: The Privatisation Commission (PC) Board has recommended a comprehensive transaction structure and restructuring plan for the privatisation of Zarai Taraqiati Bank Limited (ZTBL), paving the way for the next stage in the government’s privatisation agenda.
The decision was taken in the 251st meeting of the Privatisation Commission Board held today under the chairmanship of Muhammad Ali, Adviser to the Prime Minister on Privatisation.
The Board endorsed the proposals after a detailed presentation by the financial adviser and extensive deliberations aimed at maximising value for the Government of Pakistan.
The recommendations, including the proposed transaction structure for ZTBL, will now be submitted to the Cabinet Committee on Privatisation (CCoP) for final consideration in its upcoming meeting.
The Commission also clarified that the transaction structure and restructuring plans for the first batch of three DISCOs — Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO) — were approved by the PC Board in its meeting held on April 14, 2026.
These proposals will also be placed before the Cabinet Committee on Privatisation (CCoP) in its forthcoming meeting. Once approved by the CCoP, the Privatisation Commission will invite Expressions of Interest (EOIs) from potential investors for the privatisation of these three entities.
The Privatisation Commission reiterated its commitment to carrying forward the government’s privatisation programme with efficiency, transparency, and a strong focus on achieving the best possible outcomes for the national exchequer.
