Failed PIA privatization costs national exchequer over $4 million

PIA Privatization Failure خبریں

Failed PIA privatization costs national exchequer over $4 million
PIA Financial LossPrivatization PakistanPIA Updates 2024
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Despite the fact that the Pakistan International Airlines (PIA) could not be privatized despite hectic efforts made by the government, the steps taken in this direction cost the national exchequer well $4 million, reported 24NewsHD TV channel on Thursday. The formulation of the privatization plan cost over $0.

Arjun Kapoor talks about ‘impulsive’ decision of supporting Malaika in her tough timeCourt issues non-bailable arrest warrants for Bahria Town CEODespite the fact that the Pakistan International Airlines could not be privatized despite hectic efforts made by the government, the steps taken in this direction cost the national exchequer well $4 million, reported 24NewsHD TV channel on Thursday.

The formulation of the privatization plan cost over $0.6 million, while its finalization over $0.9 million. Similarly, the government had to pay over $313,000 for the plan’s approval, while over $626,000 for getting a greenlight from the Securities and Exchange Commission of Pakistan . Likewise, over an amount of $20 million was spent on the steps taken for the distribution of the airline’s assets, repayment of its loans, bidding and prequalification. US President Joe Biden approved $571.3 million in defense assistance for Taiwan on Friday, the White House said, as the Democrat prepares to leave ...

ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

24NewsHD /  🏆 19. in PK

PIA Financial Loss Privatization Pakistan PIA Updates 2024 Aviation Industry Pakistan Government Financial Losses

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Constitutional Bench to take up petitions against PIA privatization, voting right for overseas next ...Constitutional Bench to take up petitions against PIA privatization, voting right for overseas next ...Supreme Court of Pakistan’s Constitutional Bench is set to hear petition against the privatization of national carrier PIA and plea seeking vote to right for overseas Pakistanis in the first week of December, reported 24NewsHD TV channel.
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Good news about PIA privatization soon, says ministerGood news about PIA privatization soon, says ministerFederal Minister for Privatization Abdul Aleem Khan on Saturday said that Pakistan International Airlines (PIA) will be privatized without any liabilities, reported 24NewsHD TV channel. Aleem Khan was talking to newsmen in Islamabad about the progress made so far in the process fir PIA privatization.
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Supreme Court Prompts Government to Proceed with Transparent Privatization of PIASupreme Court Prompts Government to Proceed with Transparent Privatization of PIAThe Supreme Court has directed the federal government to ensure that Pakistan International Airlines (PIA) is privatized in a transparent manner. The constitutional bench, headed by Justice Aminuddin Khan, has now allowed the process to resume after initially halting it, and the ban on PIA's flights to Europe has been lifted.
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PIA's direct flight to Paris will take off on Jan 10, 2025PIA's direct flight to Paris will take off on Jan 10, 2025PIA’s first direct flight to Paris will take off on Jan 10, 2025
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EASA lifts ban on PIA flights to Europe: Khawaja AsifEASA lifts ban on PIA flights to Europe: Khawaja AsifEASA had suspended PIA flights to European countries on June 30, 2020
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14 injured after Israel hit by Yemen-launched missile14 injured after Israel hit by Yemen-launched missileIsrael's military said Saturday it had failed to intercept a 'projectile' launched from Yemen that landed near Tel Aviv, with the national medical service saying 14 people were lightly wounded.
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