Why Pakistan Is Selling PIA Company Shares.
As we know pakistan Pakistan International Airlines is likely to be sold because PIA is In loss from a long time that’s Why Pakistan Government is trying to sell it.
The minister of Punjab Maryam Nawaz Offered to buy the PIA Company but the minister of Khyber Pakhtoon Khaw Ali Ameen Ganda pur also showed interest in buying the PIA Some of international Companies Also Offered 10 Billion Rupees For PIA but pakistan Government Refuse to take this offer Because this Offer is not According To the expectations Of Pakistan Government.Some Other Problem Also affect On the PIA.
As PIA is an International Airlines But due to Bad Condition Of Pakistan many European Countries like Europe, Canada, UK etc Closed the routes of Pakistan Airlines directly to the Countries.
Federal Minister of Privatization and investment Abdul Aleem Chaired A privatized meeting on the topic of selling the PIA.
Pakistan Is taking A lots of Dollars FROM IMF which also affects on the Growth Of PIA.The Last Auction For PIA Is about a month ago in which the bidders had demanded Form Pakistan government to change the Tax laws that they would have placed equal tax putting with foreign investors . They are also wanted freedom to change the exciting staff of company.