Bankrupt Pakistan forced to sell banks, famous hotels, other assets after national airlines due to..., PM Shehbaz Sharif brings Agenda 5, here's all you need to know
According to officials, five major entities have been shortlisted for privatisation over the next 12 months under Pakistan's "Agenda-5" plan. In the Banking Sector (First Women Bank & ZTBL), The First Women Bank Limited (FWBL) and Zarai Taraqiati Bank Limited (ZTBL) are slated for sale. Cash-strapped Pakistan is selling off state-owned companies, besides its Pakistan International Airlines (PIA), to meet conditions set by the International Monetary Fund (IMF) for a $7 billion bailout package. In the Banking Sector (First Women Bank & ZTBL), The First Women Bank Limited (FWBL) and Zarai Taraqiati Bank Limited (ZTBL) are slated for sale. The government has hence planned to privatise key sectors like power distribution, banking, and hotels to generate revenue and reduce fiscal deficits.
Source: dna December 31, 2025 07:34 UTC
