The Economic Times

Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation

The outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic government privatization initiatives. The finance minister outlined plans to privatize five to six state-owned enterprises, potentially yielding upwards of $1 billion in revenue. Additionally, negotiations with the United States are underway to create a $10 billion exchange stabilization facility. After reaching a staff-level agreement with the IMF, around $1.