Listen to the article The government has extended the deadline to subject expressions of interest (EOI) in the purchase of Pakistan International Airlines (PIA) on June 19, the Ministry of Privatization announced on Tuesday. The extension follows the need to welcome the holidays of Eidul Adha and the recent political and military tensions, including the … Read more
The International Monetary Fund logo is seen during IMF / World Bank spring meetings in Washington, United States, April 21, 2017 – Reuters Pakistan accepts 13 IMF conditions, including the EV grant, tax changes. Convert that the new targeted subsidies replace the current electrical support system. The IMF invites reforms to energy, climate, water, disaster … Read more
A Pakistan International Airlines plane (PIA) in Allama Iqbal International Airport in Lahore, January 29, 2024. – Reuters The inherited debt was transferred to the government to attract buyers. The government plans to finish the privatization of the PIA by the end of the year. Jones Lang Lasalle was appointed to advise on the sales … Read more
A Pakistan International Airlines plane (PIA) is preparing to take off at Alama Iqbal International Airport in Lahore on February 1, 2012. The Cabinet Committee On Privatization (CCOP) approved Tuesday a plan to accelerate the privatization of Pakistan International Airlines Corporation (Piacl), including the disinvestment of 51 to 100% of share capital as well as … Read more
Listen to the article Rawalpindi: Due to a serious financial and economic crisis and a significant shortage of funds in the province, the Punjab health department, after having suppressed the 30,000 BS 1 to BS 18 vacancies, approved the sale of 90 basic health units (BHUS) and rural health centers (RHCS) in the Rawalpindi division … Read more
An image of representation of Pia Airplane. – AFP / File All concerns of the interested parties discussed correctly: Aleem Khan Said a new plan in progress to make the privatization of the PIA more attractive PIA ready to become profitable again due to new measures, he said. The Minister of Investment and Privatization Abdul … Read more
A Pakistan International Airlines plane is seen in this undated image. —APP/File Lawmakers are skeptical about privatization plans and implementation delays. Roosevelt Hotel revenue expected despite joint venture issues. HBFC privatization almost complete after resolving key issues. ISLAMABAD: The National Assembly Standing Committee on Privatization was informed on Thursday that the privatization process of Pakistan … Read more
View of a Pakistan International Airlines (PIA) passenger plane. — APPLICATION/File The IMF waives taxes and shifts debts to help sell PIA. The resumption of European flights strengthens the prospects of privatization. Privatization to restore PIA’s competitiveness and efficiency. ISLAMABAD: Pakistan International Airlines (PIA) is set to be privatized, freed from its existing obligations, in … Read more
Crew members disembark from a Pakistan International Airways (PIA) flight at Kabul airport, Afghanistan, September 13, 2021. — AFP Dar-led CCoP rejects Blue World City privatization offer of Rs 10 billion. The government is considering agreements with China and Gulf countries, including Qatar. These countries can play a key role in the privatization of PIA, … Read more