Prime Minister (PM) Shehbaz Sharif welcomed the first financial closing of Pakistan International Airlines Corporation Limited (PIACL), and congratulated the people of Pakistan, calling it a milestone for the country in its privatisation journey.
PM Shehbaz wrote on X, “Alhamdulillah! Today marks another important milestone in Pakistan’s economic reform journey.
The successful First Financial Closing of the PIA privatisation transaction and the transfer of management control to the investor consortium mark the beginning of a new chapter for our national carrier.
With a transformational investment to modernise and strengthen PIA, we are laying the foundation for its revival while reinforcing investor confidence in Pakistan.”
Shehbaz Sharif also praised Deputy Prime Minister Ishaq Dar, Field Marshal Syed Asim Munir, and other relevant individuals for their efforts to achieve this milestone. He further wrote on X, “I commend Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, and pay special tribute to Field Marshal Syed Asim Munir and his dedicated team, as well as Adviser to the Prime Minister on Privatisation Muhammad Ali, Finance Minister Senator Muhammad Aurangzeb, the Privatisation Commission, and all those whose professionalism, commitment and tireless efforts made this landmark achievement possible.”
He also showed commitment to working together to grow the economy and make Pakistan stronger.
“Together, we will continue to pursue bold reforms that strengthen our economy, create opportunities for our people, and secure a more prosperous future for Pakistan,” PM Shehbaz concluded his post on X.
