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Govt rehires E&Y for PIA sell-off

Summary by The Express Tribune
The government, on Thursday, announced it would retain Ernst & Young (E&Y) advisory firm for a second attempt at selling Pakistan International Airlines (PIA)—just two months after Privatisation Minister Abdul Aleem Khan publicly criticised the company for its poor handling of the first privatisation bid. In a briefing to the National Assembly Standing Committee on Privatisation, Secretary Privatisation Usman Bajwa disclosed that the government …

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Business Recorder broke the news in on Thursday, January 9, 2025.
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