Bankrupt Pakistan is trying to sell PIA again after no buyer last year; Asim Munir-backed Fauji Foundation also in the race
- Posted on December 4, 2025
- By Business News Today
- 4 Views
Bankrupt Pakistan is trying to sell PIA again after no buyer last year; Asim Munir-backed Fauji Foundation also in the race
PIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a key part of the country's IMF bailout program. The government aims to improve PIA's financial health and global standing. This sale represents a significant privatization effort for Pakistan after nearly two decades. The process is moving forward with transparency.