Spokesman Report
The Pakistan Democratic Movement (PDM) government had assured IMF about the privatisation of both power plants in the Stand By Agreement (SBA), earlier this year.
Sources within the power division have said the process of privatisation has been halted as it cannot be completed within the tenure of the caretaker government.
It is also revealed that the upcoming elected government of Pakistan will decide about the privatisation of both power plants.
Prior to this, the International Monetary Fund (IMF) also demanded to privatise Utility Stores and state-owned entities.
In its recommendations, the International Monetary Fund proposed transferring Utility Stores to the private sector, which could lead to generating greater efficiency and profitability.
Furthermore, the international money lender suggested an increase in the budget allocated to the Benazir Income Support Programme (BISP), which aimed to provide additional financial support to vulnerable segments of the population.