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New IPP power deals could save Pakistan Rs1.4tr, says Mishal report

Energy sector drove 40% of reforms, with more than 600 changes logged across 135 institutions

Energy sector. Design: Ibrahim Yahya


ISLAMABAD:

Mishal Pakistan has released its Pakistan Reforms Report 2026, saying the country has made large-scale progress on governance reforms over the past year, and that the energy sector led the reform effort, accounting for 40% of the total.

The report says more than 600 reforms were implemented across 135 institutions, describing this as a fivefold increase in the scale of reforms compared with the previous year. It also adds that new agreements with Independent Power Producers in the power sector could result in expected savings of Rs1.4 trillion.

On “Digital Pakistan”, it says more than 200 reforms were implemented through digital platforms.

Read: World Bank reaffirms commitment to $20b Pakistan development programme

The report also highlights progress on the Reko Diq project and says the country’s gas policy includes investment targets of $11 billion.

It says the government is committed to shifting from short-term stabilisation towards building long-term state capacity, and reports structural changes in the law and justice and IT sectors.

The report argues the reform process will further improve Pakistan’s global credibility, and says it places special focus on the United Nations Sustainable Development Goals, while maintaining momentum despite difficult geopolitical conditions.

Speaking at the launch event, Federal Minister for Climate Change Musadik Malik said there would be no compromise on transparency and evidence-based policymaking, adding that fact-based reform reporting helps build public trust.

Aamir Jahangir, Mishal Pakistan’s Chief Executive Officer, said the 2026 edition documents governance change and reflects the growing maturity of Pakistan’s reform process, to record the country’s reform journey.

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