The federal government has incorporated Pakistan's three largest international airports—Jinnah International Airport Karachi, Islamabad International Airport, and Allama Iqbal International Airport Lahore—into its revised five-year privatisation programme.This move, alongside seven power distribution companies, aims to divest or restructure 25 state-owned entities across three phases.

The first phase includes 11 entities like IESCO, FESCO, and the Roosevelt Hotel in New York, while the second phase targets 13 entities including Lesco and Mepco.The final phase focuses on the Postal Life Insurance Company.Pakistan International Airlines (PIA) and First Women Bank Limited (FWBL) are excluded as their privatisation is deemed complete.

The initiative seeks to reduce financial burdens on public sector enterprises, improve efficiency, and attract private investment as part of broader economic reforms.

The plan aligns with Pakistan's structural reform commitments to enhance fiscal sustainability and strengthen private sector participation in the economy.