The Pakistan Reforms Report, 2026, released by Mishal Pakistan—the Country Partner Institute of the World Economic Forum—highlights significant progress in governance reforms during 2025.
The report documents over 600 reforms across 135 institutions, a notable increase, with the energy sector leading at around 40% of total activity.
Major Savings Projected from IPP Renegotiations
Fiscal and energy reforms are expected to generate PKR 1.4 trillion in savings in the power sector through renegotiated contracts with Independent Power Producers (IPPs).
This forms a key part of efforts to address inefficiencies, reduce capacity payments, and ease the burden on the national exchequer and consumers.
The report emphasizes a shift from short-term crisis management to building long-term institutional capacity.
Broader Reform Landscape
Over 200 reforms were implemented via digital platforms, boosting transparency and minimizing bureaucratic discretion.
The focus aligns with UN SDG-16, covering rule of law, accountability, and public access to information.
Energy reforms include unlocking indigenous resources like the USD 6 billion Reko Diq project and new exploration policies targeting USD 5 billion in investments.
Launch and Official Views
Federal Minister for Climate Change Dr Musadik Malik launched the report on February 10, 2026.
He praised the energy sector’s 118 reforms for improving efficiency and governance, plus tariff reductions for industry and worker relief.
He stressed that transparent, fact-based reporting builds public trust and enhances Pakistan’s credibility with investors.
Additional Highlights
The report notes issuance of 12,600 international tech certificates to Pakistani youth. Mishal Pakistan’s CEO Amir Jahangir described it as creating “institutional memory” for tracking reforms over time.
Co-Founder Puruesh Chaudhary highlighted improvements in access, transparency, and citizen services. While the IPP renegotiations promise substantial relief, the report frames them within a maturing reform process toward execution and digitization.