Fawad Hasan Fawad says financial adviser’s report will enable the govt to take a final decision
ISLAMABAD - Pakistan will appoint an adviser to draft a plan to privatise its money-losing national airline, said the caretaker government’s Privatisation Minister Fawad Hasan Fawad.
The privatisation of PIA, a state-owned enterprise, comes after Pakistan agreed to devise a policy on such loss-making entities as part of fiscal discipline plans with the International Monetary Fund. Pakistan secured a $3 billion IMF bailout in June to avert a sovereign debt default. He said the airline was recording yearly losses of about 156 billion rupee , adding that 15 aircraft, including six on lease, out of a fleet of 34 were grounded due to financial constraints.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
PM orders to pace up privatisation of loss-making SOEsitemprop=description content=The prime minister lauded the role played by the Privatization Facilitation Council
مزید پڑھ »
Peshawar to Doha PIA flight cancels due to technical faultPIA has been taken down in Karachi in an emergency due to a technical fault in the national air flight from Peshawar to Doha on Tuesday,
مزید پڑھ »
Netflix to end Kenyan free access plan after two yearsitemprop=description content=It offering subscribers a monthly plan at 4.99 pound
مزید پڑھ »
ECP, political parties meet today to discuss draft code for general electionsElection Commission has already distributed a preliminary code of conduct to political parties
مزید پڑھ »
Seerat-ul-Nabi workshop: govt committed to promote religious tourism: Aneeq AhmedMinister for Religious Affairs and Interfaith Harmony Dr Aneeq Ahmed says the government is committed to promote religious tourism in the country which will ultimately improve the economy. Addressing a certificates distribution ceremony of Seerat-ul-Nabi course in Islamabad, he highlighted the need for track-II diplomacy to promote peaceful relations with neighbouring countries that would help promote Pakistan’s regional trade and religious tourism. The Minister said prime minister has approved
مزید پڑھ »
Fazlur Rehman commends Islamic scholars’ role in govt affairsJamiat Ulema-e-Islam-Fazl (JUI-F) supremo Maulana Fazlur Rehman commended the role of the Islamic scholars in running government affairs on Tuesday.
مزید پڑھ »