With new digital platform, investing in Pakistani art is now just a click away 

A polyptych piece by Javaid Iqbal Mughal - one of the many artists who exhibits online with Pakistan Art Forum - is seen at a recent pop-up event in Lahore, Pakistan, on July 5, 2021. (Photo Courtesy: PAF)
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Updated 20 July 2021
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With new digital platform, investing in Pakistani art is now just a click away 

  • The Pakistan Art Forum, launched earlier this month, grew out of a Facebook page created in 2014
  • Founder Imtisal Zafar says platform was designed to promote emerging and established artists globally

ISLAMABAD: The Pakistan Art Forum (PAF), which its founder Imtisal Zafar calls the “largest digital platform of its kind in Pakistan,” was launched earlier this month to connect established and emerging Pakistani artists with potential buyers around the world.
PAF, initially a Facebook group, started off as a “passion project” for Zafar in 2014 and is now a website designed specially to promote Pakistani artists and help them go global, the Lahore-based founder and curator told Arab News.
“The forum is now the largest digital platform where every week there is tons of new artwork shared, making it valuable for artists who want to connect with potential clients,” Zafar said, adding that the “free market space” could be used to trade artwork between galleries, artists and clients. “The forum does not take any commission for that.”
Zafar said what distinguished the platform from other websites was its global outreach, making it possible for art aficionados around the world to get their hands on Pakistani art in a “reliable, transparent and trustworthy” manner.




Pieces by contemporary and modern Pakistani artists on display at Pakistan Art Forum's recent pop-up event in Lahore, Pakistan on July 5, 2021. (Photo Courtesy: PAF)

“Except for one minor art website, there never has been a Pakistani art website with a similar ethos like Artsy.net or Saatchi in Pakistan,” he said. “The aspiration of making this website global is to give Pakistani artists international exposure and give people from outside the country access to Pakistani art.”
He said the forum aimed to identify and highlight promising new artists, and offered a diverse price range to buyers, “with some pieces starting as low as Rs20,000 [$125].”
“One of our main goals at PAF since its inception has been to discover hidden and young talent that has a lot of promise and needs the right exposure, mentorship and guidance,” Zafar said. “We very religiously cover all thesis shows across the country at all art universities and colleges because that is the hotspot to discover upcoming talent.”




Pieces by contemporary and modern Pakistani artists on display at Pakistan Art Forum's Soiree collectors show in Lahore, Pakistan on March 22, 2021. (Photo Courtesy: PAF)

Zafar also said what set PAF apart from other commercial sellers in the country was that it did not only focus on pieces that highlighted Pakistani heritage, history and culture, as was the norm.
“The young generation of artists is pushing the envelope with their art,” he said, “getting inspired by their western idols and appropriating them in their own way to create unique and exciting works.”
Artist Ahmer Farooq, whose work is held in private collections in Denmark, India, Japan, Norway, Pakistan, UAE, UK and the US, told Arab News he had been displaying his work on the digital forum since it was launched as a Facebook page, acknowledging the lack of such platforms in Pakistan to promote local artists internationally.




A sculpture by artist Rajesh Ram on display at Pakistan Art Forum's Soiree collectors show in Lahore, Pakistan on March 22, 2021. (Photo Courtesy: PAF)

“PAF gets artists’ work the national and international exposure they deserve,” Farooq said. “Pakistan is full of talented artists who have yet not been discovered and the country’s art landscape remains raw and unpolluted.”
Another artist, Fawad Jafri, said the forum could help talented artists represent their country at a relatively young age.
“PAF is our new baby in the art circle, and we prefer our youngsters to represent Pakistan as early as possible, so that the coming generation may relate themselves to the art represented by PAF,” he said.
Art and culture writer Nayha Jehangir Khan told Arab News the platform was “free from the traditional and gallerist format.”




A sculpture by artist Irfan Abdullah on display at Pakistan Art Forum's Soiree collectors show in Lahore, Pakistan on March 22, 2021. (Photo Courtesy: PAF)

“This forum acts as the missing link to developing modern strategies of opening up unconventional art exhibition spaces and forming alliances between the art and fashion industry,” she said, adding that the platform was also making it possible for emerging and aspiring artists to be “noticed and celebrated” by a wider community of young art enthusiasts who would be the future collectors of Pakistan.


IMF hails Pakistan privatization drive, calls PIA sale a ‘milestone’

Updated 52 min 54 sec ago
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IMF hails Pakistan privatization drive, calls PIA sale a ‘milestone’

  • Fund backs sale of national airline as key step in divesting loss-making state firms
  • IMF has long urged Islamabad to reduce fiscal burden posed by state-owned entities

KARACHI: The International Monetary Fund (IMF) on Saturday welcomed Pakistan’s privatization efforts, describing the sale of the country’s national airline to a private consortium last month as a milestone that could help advance the divestment of loss-making state-owned enterprises (SOEs).

The comments follow the government’s sale of a 75 percent stake in Pakistan International Airlines (PIA) to a consortium led by the Arif Habib Group for Rs 135 billion ($486 million) after several rounds of bidding in a competitive process, marking Islamabad’s second attempt to privatize the carrier after a failed effort a year earlier.

Between the two privatization attempts, PIA resumed flight operations to several international destinations after aviation authorities in the European Union and Britain lifted restrictions nearly five years after the airline was grounded following a deadly Airbus A320 crash in Karachi in 2020 that killed 97 people.

“We welcome the authorities’ privatization efforts and the completion of the PIA privatization process, which was a commitment under the EFF,” Mahir Binici, the IMF’s resident representative in Pakistan, said in response to an Arab News query, referring to the $7 billion Extended Fund Facility.

“This privatization represents a milestone within the authorities’ reform agenda, aimed at decreasing governmental involvement in commercial sectors and attracting investments to promote economic growth in Pakistan,” he added.

The IMF has long urged Islamabad to reduce the fiscal burden posed by loss-making state firms, which have weighed public finances for years and required repeated government bailouts. Beyond PIA, the government has signaled plans to restructure or sell stakes in additional SOEs as part of broader reforms under the IMF program.

Privatization also remains politically sensitive in Pakistan, with critics warning of job losses and concerns over national assets, while supporters argue private sector management could improve efficiency and service delivery in chronically underperforming entities.

Pakistan’s Cabinet Committee on State-Owned Enterprises said on Friday that SOEs recorded a net loss of Rs 122.9 billion ($442 million) in the 2024–25 fiscal year, compared with a net loss of Rs 30.6 billion ($110 million) in the previous year.