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Privatisation of PIA and outsourcing of airports operations progressing, announces PM Shehbaz

News Desk by News Desk
April 5, 2024
in Business, Latest News, National, Top News
Reading Time: 1 min read
PIA announces discount on domestic flights for Eid-ul-Adha

Prime Minister Shehbaz Sharif has provided a comprehensive update on several key initiatives during a recent meeting, reaffirming the government’s commitment to economic reform and investment facilitation.

Addressing the issue of Pakistan International Airlines (PIA) privatisation, PM Shehbaz emphasised that the process remains on track, with strict adherence to the outlined timeline. This announcement signifies the government’s determination to streamline operations within the aviation sector and enhance efficiency.

PM Shehbaz disclosed that negotiations with a Turkish company regarding the outsourcing of airports’ operations are scheduled to commence. He revealed that the Turkish delegation is slated to arrive in Islamabad on April 6, signifying a crucial step forward in the outsourcing process. This collaboration aims to leverage international expertise to optimise airport management and elevate service standards.

Furthermore, he outlined plans for the digitisation of the tax collection process under the auspices of the Federal Board of Revenue (FBR). He announced the forthcoming appointment of consultants tasked with spearheading this digitisation initiative, marking a pivotal advancement in modernising Pakistan’s fiscal infrastructure.

During the meeting, PM Shehbaz provided insights into the outcomes of the recent gathering of the Special Investment Facilitation Council. Discussions encompassed a wide array of sectors including finance, investment, exports, information technology, agriculture, power, and petroleum.

News Desk

News Desk

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