Pakistan's economic challenges are highlighted by political instability, corruption, the COVID-19 pandemic, a global energy crisis, and climate change-induced disasters. The government prioritizes privatization of loss-making entities, including Pakistan International Airlines (PIA), with plans to split PIA into two entities and seek another IMF loan for stability. The Board of Directors (BoD) approves the PIA privatization plan and the formation of a holding company's seven-member BoD.
Many claim that the PML-N joining hands with the PPP to form a coalition government is a step taken to save #Pakistan from instability; however, in reality, this is only poised to exacerbate the #economic and political chaos: @SameerP_IND & @Sarral_Sharma https://t.co/cKPwF5wVHf
Many claim that the PML-N joining hands with the PPP to form a coalition government is a step taken to save Pakistan from instability; however, in reality, this is only poised to exacerbate the economic and political chaos: @SameerP_IND & @Sarral_Sharma https://t.co/cKPwF5wVHf
PIA privatization: Govt announces holding company seven-member BoD #ARYNews https://t.co/y7F9YhCyHC
Pakistan Needs Another IMF Loan For Stability, Says PM Shehbaz Sharif https://t.co/pJ5LrKVS64
Pakistan needs another IMF loan programme for stability, says PM Sharif Read More: https://t.co/vBzjColfo4 #ARYNews https://t.co/GMpyJcSfV2
Govt plans to split PIA into two entities ahead of privatization #ARYnews https://t.co/hSjpRDqaIh
PIA privatisation plan approved by BoD #ARYNews https://t.co/OokXjYX88x
Pakistan has been in a state of grave economic turmoil in recent years. Political instability, corruption, the COVID-19 pandemic, a global energy crisis and climate change-induced natural disasters have all taken a heavy toll on the economy. https://t.co/k1YhwtHdut
Privatization of loss making entities priority of govt: PM #ARYNews https://t.co/UJC9N0bK8t
FM Ishaq Dar seeks early resumption of PIA flights to UK #ARYNews https://t.co/fViWfF7SjA
Islamabad to get country’s largest IT park #ARYNews https://t.co/BbwcsALNZp