New IPP deals could save Rs 1.4 trillion


ISLAMABAD:

Mishal Pakistan released its Pakistan Reform Report 2026, saying that the country has made large-scale progress in governance reforms over the past year and that the energy sector led the reform effort, accounting for 40% of the total.

The report says more than 600 reforms were implemented across 135 institutions, describing this as a five-fold increase in the scale of reforms compared to the previous year. It also adds that new agreements with independent power producers in the power sector could lead to expected savings of Rs 1.4 trillion.

On ‘Digital Pakistan’, he says more than 200 reforms have been implemented through digital platforms.

The report also highlights progress on the Reko Diq project and says the country’s gas policy includes investment targets of $11 billion.

It says the government is committed to moving from short-term stabilization to long-term state capacity building, and reports structural changes in the law, justice and IT sectors.

The report argues that the reform process will further enhance Pakistan’s global credibility and says it pays special attention to the United Nations Sustainable Development Goals, while maintaining momentum despite difficult geopolitical conditions.

In his speech at the launch event, Climate Change Minister Musadik Malik said there would be no compromises on transparency and evidence-based policymaking, adding that fact-based reporting on reforms helps build public trust.

Aamir Jahangir, CEO of Mishal Pakistan, said the 2026 edition documents the change in governance and reflects the growing maturity of Pakistan’s reform process, to record the country’s reform journey.

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