The current situation of Pakistan is very delicate, so in order to stop the government from defaulting, 100% shares of PIA, PSO, OGDC, SSGC, SNGPL, and PPL need to be put up for sale.
The Pakistani government has done away with six relevant laws in an effort to avoid defaulting on its debts. The current situation in Pakistan is not ideal, as friendly countries are also not providing financial support.
Following are the Acts:
- The Companies Act, 2017
- Privatisation Commission Ordinance, 2000
- Public Procurement Regulatory Authority Ordinance, 2002
- Public-Private Partnership Authority Act, 2017
- Securities and Exchange Commission of Pakistan Act, 1997
- Securities Act, 2015