K-P finance adviser slams PIA privatisation

Asif says govt satisfied with PIA sale, sees it having great ‘symbolic value’

“The existence of a sick public sector is actually supported or pushed by the bureaucracy," defence minister says.

K-P finance adviser slams PIA privatisation

Khyber Pakhtunkhwa finance adviser Muzammil Aslam on Tuesday slammed the privatisation of Pakistan International Airlines (PIA), saying the national carrier, once a symbol of pride for the nation, had been reduced to a default institution due to years of political mismanagement and indecision. He said PIA's decline was the result of political interference, including recruitments under the Pakistan Peoples Party and policy paralysis under the PML…

‘We have not lost our pride’: Govt clears the air on PIA’s privatisation

Rejecting criticism over the privatisation of Pakistan International Airlines (PIA), Prime Minister’s…

PIA privatization to improve services, bureaucrats held responsible: Khawaja Asif

Federal Defence Minister Khawaja Asif said the government still holds 25% shares in Pakistan International Airlines (PIA). He added that if PIA had continued running the way it did over the past four years, it might have shut down entirely. He recalled that four years ago, statements made by a PTI minister had disrupted the entire aviation sector. Those remarks had caused delays and uncertainty across the industry. Despite these challenges, PIA’…

Gohar Ejaz calls PIA privatization a turning point for Pakistan’s economic future

ISLAMABAD: Former caretaker Federal Minister Gohar Ejaz hailed the recent privatization of Pakistan International Airlines (PIA) as a historic milestone, describing it as a “golden day in Pakistan’s economic journey.” Speaking at a public event, Gohar Ejaz emphasized that this move reflects growing confidence among Pakistani entrepreneurs, who are increasingly investing in the country’s future. He pointed out that numerous government entities ha…

Pakistan’s PIA Auction Draws Three Bidders in Televised Privatisation Push

Pakistan receives three bids in a televised auction for PIA as part of IMF-backed privatisation reforms. The post Pakistan’s PIA Auction Draws Three Bidders in Televised Privatisation Push appeared first on StratNews Global.