Caretaker PM Kakar orders to expedite PIA’s privatization process

ISLAMABAD (APP) - Caretaker Prime Minister Anwaarul Haq Kakar on Monday directed the authorities concerned to expedite the process of privatization of Pakistan International Airlines (PIA), the national flag career.

Chairing a review meeting on the financial crisis of PIA, the prime minister stressed the finalization of the privatization process within stipulated time.

The prime minister sought regular compliance reports to be submitted to him in this regard.

PM Kakar said that the government would continue extending support to the PIA till completion of its privatization. He said the State-Owned Enterprises (SOEs), which were facing financial loss, would be privatized to save the national exchequer.

The prime minister was given a briefing on the financial situation of PIA. The meeting was attended by interim federal ministers including Shamshad Akhtar and Fawad Hussain Fawad, Adviser on Aviation Air Marshal (retd) Farhat Hussain, and officials concerned.