Pakistan is pursuing a privatization drive, dubbed 'Agenda-5', to sell major state-owned enterprises, including power companies, banks, and hotels, to meet International Monetary Fund (IMF) conditions and address its debt crisis. Following the privatization of Pakistan International Airlines (PIA), the government aims to transfer more assets to private ownership by the end of 2026. This strategy, a key IMF condition, seeks to avert default and provide financial relief, though economists express concerns about potential long-term impacts on public services and economic sovereignty.