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Pakistan: The Pak government has also started the process of bidding to sell this airline company. For which the deadline of June 3 was first kept.
Pakistan: Pakistan’s condition is thin after Operation Sindoor. India hurt Pakistan a lot, Pakistani airbase was destroyed and Pakistan spread hands for help in front of the IMF. But despite this, Pakistan’s condition is poor. The example of this is now clearly visible, in fact, Pakistan has recently announced to sell a big company. The Pakistan government is going to sell its big airline company PIA. This company will be handed over to private hands.
Airline company is not getting buyers
The Pak government has also started the process of bidding to sell this airline company. For which the deadline of June 3 was first kept. But due to some reasons, its deadline has been increased to 19 June. Pakistan has given more time to bidding for privatization of Pakistan International Airlines Cooperation Limited, looking forward to potential investors.
Pakistan’s financial condition battered
It is worth noting that the condition of Pakistan has become financially worse at this time. There is so much debt from Pakistan over the world including IMF, World Bank, China that the general public of Pakistan is also suppressed under its burden. The Pakistani public has been hit by inflation that their back is broken. But despite this, the Pak government shows such as everything is going well there. Corruption in Pakistan is on such a large scale, which has no other example.
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