ISLAMABAD: The federal government has reportedly paid over Rs. 1 billion to a financial advisor tasked with the privatization of Pakistan International Airlines (PIA), despite their failure to successfully complete…
Tag:
Privatization
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Pakistan Steel Mills (PSM) has terminated 1,350 more employees as part of its ongoing downsizing efforts due to severe financial struggles. The layoffs come as the state-owned enterprise continues to…
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In a significant move for Pakistan’s aviation sector, the government is set to finalize the privatization of Pakistan International Airlines (PIA) today. This decision comes as part of broader economic…
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Business
Pakistan’s Caretaker Prime Minister Pushes for Privatization of PIA Amid
by Haktaurusby HaktaurusIn a bid to rescue Pakistan International Airlines (PIA) from its ongoing financial woes, caretaker Prime Minister Anwaar-ul-Haq Kakar has issued a directive to expedite the privatization process of the…