ISLAMABAD - Prime Minister Shehbaz Sharif on Friday directed the relevant authorities to ensure privatisation of Pakistan International Airlines (PIA) within the given time frame.
While chairing a meeting to review the ongoing process of privatization of PIA, the prime minister stressed that transparency must be central to the procedure for its privatisation.
The prime minister emphasizing the importance of roadshows and fully engaging investors in the privatization process, directed that in order to ensure transparency, the privatization of PIA and all future state-owned enterprises must be broadcast live on television and digital platforms.
The meeting was told that a comprehensive investor outreach strategy had been developed in collaboration with the consultant and was being fully implemented. The prime minister was also informed about the criteria of the bidding, required time period and the conditions to participate in the bidding process.
The meeting was attended by federal ministers Khawaja Muhammad Asif, Ahad Khan Cheema, Attaullah Tarar, Attorney General Mansoor Usman Awan, Advisors Muhammad Ali, Syed Tauqir Shah, Minister of State Bilal Azhar Kayani, Special Assistant Haroon Akhtar, National Coordinator of the Special Investment Facilitation Council Lt. Gen. Sarfraz Ahmed, and other senior officials.
Also, PM Shehbaz Sharif on Friday expressed satisfaction over the reduction in the annual rate of sensitive price index to minus 3.52 per cent. The prime minister said in the same month of 2024, this rate was 26.94 per cent, which was recorded as minus 3.52 in April 2025. “The country’s economic indicators are improving with each passing day. The government is making every effort to ensure that the people get the fruits of the improving economic indicators,” he said. The Prime Minister extended his appreciation for the government’s economic team.
