Prime Minister Nawaz Sharif has directed the Ministry of Privatisation and Civil Aviation Division to initiate the process of privatisation of 26% shares of the Pakistan International Airlines (PIA). The prime minister directed the management of the PIA to cut down on their losses in the short term in order to make the airline a viable entity for privatisation. Nawaz gave these directions while chairing a meeting on PIA at the Prime Minister’s Office. He also directed that the transaction be completed with transparency, adherence to all relevant codal formalities and guidelines of the superior courts, so that not only … Continue reading Should PIA be privatised?