Govt Seeks Parliament’s Nod for 174 SOE Law Amendments Under IMF Program

In practice, the administration is making efforts to secure parliamentary approval for 174 amendments to laws governing state-owned enterprises (SOEs) as part of its commitments under the International Monetary Fund (IMF) program, sources stated.

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• The administration had forwarded six laws concerning state-owned entities to Parliament in January 2026 for amendments.
• The Speaker held detailed consultations with a delegation of the Pakistan Peoples Party (PPP) in his chamber on Wednesday.
• According to the Finance Ministry, a total of 174 amendments are required throughout various laws.

Sources informed ProPakistani that the administration wants the proposed amendments to be passed during the ongoing IMF negotiations. National Assembly Speaker Ayaz Sadiq has become actively involved in efforts to secure the backing of opposition parties and coalition partners for the legislation.

For context, the Speaker held detailed consultations with a delegation of the Pakistan Peoples Party (PPP) in his chamber on Wednesday. The PPP delegation included senior leaders Naveed Qamar and Sherry Rehman. The Minister for Law, the Minister of State for Finance, and the Secretary Commerce additionally attended the gathering, sources noted.

According to The PPP has already, it would not cooperate with the administration on the proposed legislation. Nevertheless, Speaker Ayaz Sadiq sought the party's backing for the legislation required to fulfil Pakistan's commitments under the IMF programme.

Sources remarked the PPP delegation would place the government's request before the party leadership. It would decide whether to cooperate on the proposed amendments.

In practice, the administration is anticipated to table the amendments in the National Assembly after receiving the PPP's consent. If the PPP agrees, the legislation could be presented during the next session of the National Assembly, sources continued.

Pakistan has reportedly missed a fourth deadline for amending laws governing nine to ten state-owned entities. The IMF has required Pakistan to align SOE-specific legislation with the central SOE Act as part of governance reforms.

While the IMF has called on effective reforms in the governance structure of the Water and Power Development Authority (WAPDA), the proposed amendments additionally include changes to the Maritime Act.

According to the Finance Ministry, a total of 174 amendments are required throughout various laws. The administration has sought new deadlines a number of times for completing the amendments to SOE-related legislation.

For context, the IMF has directed Pakistan to complete the required SOE legislative amendments by mid-November.

Sources remarked the IMF additionally reviewed progress on making the appointment process for the Chairman of the National Accountability Bureau (NAB) transparent and rules-based. An amendment to the NAB Ordinance is under consideration to improve transparency in the appointment process.

Meanwhile, the administration had forwarded six laws concerning state-owned entities to Parliament in January 2026 for amendments. Further progress is still required on amendments to laws governing three state-owned entities, sources remarked. FBR Discovers Rs. 9.4 Billion Undeclared Wealth.

Meanwhile, the IMF Executive Board is projected to consider approval of Pakistan's fourth review in November. Approval of the review and release of the next tranche will depend on successful completion of the ongoing negotiations.

Pakistan is projected to receive another $1 billion tranche under the $7 billion IMF programme. So far, approximately $4.2 billion has been disbursed to Pakistan under the programme. Stay Connected with ProPakistani.

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For now, govt Seeks Parliament's Nod for 174 SOE Law Amendments Under IMF Program remains the part of the story worth watching, and further updates are likely as more details are confirmed.