PIA Privatization Deferred in Privatization Commission Board Meeting

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Abbas Ali
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PIA Privatization Deferred in Privatization Commission Board Meeting

Post by Abbas Ali » Tue Oct 30, 2018 6:02 pm

Privatization of PIA has been by deferred in Privatization Commission Board meeting chaired by Privatization Minister Muhammad Mian Soomro.

The board approved privatization plan for next five years. Initially those government organizations will be privatized that can attract buyers.

The board's recommendations will be presented in the meeting of cabinet committee for privatization tomorrow.

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Abbas Ali
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Re: PIA Privatization Deferred in Privatization Commission Board Meeting

Post by Abbas Ali » Thu Nov 01, 2018 5:21 pm

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Decisions approved at federal cabinet meeting chaired by Prime Minister Imran Khan today in Islamabad.
  • Process of privatizing PIA to be stopped immediately.
  • PIA to be reformed.
Abbas
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NL
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Re: PIA Privatization Deferred in Privatization Commission Board Meeting

Post by NL » Fri Nov 02, 2018 3:40 pm

Abbas Ali wrote:
Tue Oct 30, 2018 6:02 pm
those government organizations will be privatized that can attract buyers.
i.e., none at all...

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Abbas Ali
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Re: PIA Privatization Deferred in Privatization Commission Board Meeting

Post by Abbas Ali » Sat Nov 10, 2018 6:46 pm

International Monetary Fund (IMF) has questioned removal of PIA from privatization list and sought details of airline's restructuring plan from the Government of Pakistan.

https://e.dunya.com.pk/detail.php?date= ... 9_62298301

Abbas
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