Islamabad, Caretaker Minister for Privatization Fawad Hassan Fawad announced that the government is developing a regulatory framework to enhance Pakistan’s aviation industry. Speaking in an interview with a private television channel, he stated that the privatization of Pakistan International Airline (PIA) will be conducted in phases.
According to Ministry of Information and Broadcasting, Fawad highlighted that comprehensive efforts are being made to expedite the privatization of non-profitable organizations. This initiative is part of the government’s broader strategy to streamline and improve the efficiency of Pakistan’s aviation sector.