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Why did PM ask for schedule of implementation of PIA’s privatization?

A high-level meeting was held under the chairmanship of Prime Minister Shehbaz Sharif.

MM News Staff by MM News Staff
March 7, 2024
Reading Time: 1 min read

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Ministry of Privatization to present the final schedule for the implementation of the privatization of Pakistan International Airlines.

A high-level meeting was held under the chairmanship of Prime Minister Shehbaz Sharif regarding the privatization of PIA and the restructuring of the Federal Board of Revenue.

In the meeting, the Prime Minister stressed ensuring transparency in all stages of the process of privatization of the national airline and clarified that laziness and carelessness in this regard will not be tolerated.

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In the meeting, the progress so far on the privatization of PIA and the future steps in this regard were reviewed. It may be recalled that earlier this year former Caretaker Prime Minister Anwarul Haq Kakar directed the concerned authorities to speed up the process of privatization of PIA.

In a meeting with his adviser on aviation, Air Marshal (R) Farhat Hussain, the Prime Minister emphasized ensuring transparency in the process of privatization. “Privatization of institutions is a priority of the government,” he said.

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