Under pressure to act from the International Monetary Fund (IMF), the newly elected Pakistani government has moved to speed up the partial privatisation of PIA – Pakistan International Airlines (PK, Islamabad International). Most recently, on March 25, it “restructured” PIA’s board, with the new board then proceeding to approve the privatisation plan within hours.

Last week, during marathon meetings between the IMF and the new Shehbaz Sharif-led government, the fund asked for details on the privatisation plans for PIA…

Source: ch aviation
Read more: New Pakistani government speeds up PIA privatisation plans