Pakistan is set to launch its first-ever Competitive Energy Market Policy within the next two months, marking a significant shift in the country's power sector. The new policy will end government-led electricity purchasing, allowing producers and consumers to freely trade electricity under a competitive model. The government's role will be limited to regulation, moving away from direct procurement and focusing on creating a robust regulatory framework. This reform comes as Pakistan faces mounting debt and fiscal pressures in its power sector, with support from the World Bank for building a sustainable and investor-friendly energy ecosystem.