The privatization of Pakistan International Airlines has been referred to a cabinet committee by the Privatization Commission Board.
Aleem Khan, the Federal Minister for Privatization and Communications, presided over the board meeting, which examined and accepted proposals on a number of topics, including the privatization of Pia.
The government would move forward with privatization in line with the law and in Pakistan’s best interests, Federal Minister Aleem Khan reaffirmed.
He added that the entire privatization process for the PITA and other state agencies would be expedited and simplified.
Following prequalification, the Privatization Commission is unable to remove any department or institution from Privatization, as was decided during the meeting.
Additionally, the Federal Minister directed that the pre-qualifying conditions and privatization be made more profitable.
Members of the Privatization Commission will be included in the Privatization Process through a three-member committee.