PPP opposes govt plan to privatize PIA

BusinessPPP opposes govt plan to privatize PIA

ISLAMABAD: Pakistan Peoples’ Party (PPP) on Wednesday opposed federal government’s plan to privatize Pakistan International Airlines (PIA), saying state institutions having strategic importance should not be sold.

Prime Minister Nawaz Sharif last week directed the Ministry of Privatization and Civil Aviation Division to initiate the process of privatization of 26 percent shares of national flag carrier through an open and transparent manner to make the airline competitive and service-oriented.

Taking to media persons in Islamabad on Wednesday, the PPP senior leader Senator Raza Rabbani said that planes of the national airline fly all over Pakistan and that who would control them after the privatization.

“State institutions having strategic importance should not be sold,” Rabbani said.

The senior PPP leader also opposed the proposed privatization and golden hand shake scheme for employees.

Rabbani said that International Monetary Fund interfered in the country’s internal affairs by approving USD6.8 billion. He said the government was awarding those who financed their election campaign.

Must read

Recent News

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...

Pakistan’s New Envoy to US stresses need for result-oriented diplomacy

0
The newly appointed Pakistani Ambassador to the United States Rizwan Saeed Sheikh has formally assumed his diplomatic responsibilities as Pakistan’s Ambassador to the United...
Advertisement