- IMF agrees to remove 18 percent GST on aircraft
- IMF also agrees to clean up PKR 45 billion negative equity of Pakistan International Airline Company Limited
- Decision made to capitalize on positive momentum from IMF agreement
- Plans to open European routes and issue a fresh Expression of Interest to prevent further losses
- The 5th meeting of the Standing Committee on Privatization chaired by Muhammad Farooq Sattar took place in Parliament House
- The committee discussed the Privatization Commission Amendment Bill 2024 and decided to defer it
- A Sub-Committee was appointed under Ms Sehar Kamran to investigate the decline of Pakistan International Airline Company Limited
- The Sub-Committee includes Khawaja Sheraz Mehmood, Ms Saba Sadiq, and Ms Asia Naz Tanoli
- The Sub-Committee is to report back within 30 days
- Meeting attended by multiple MNAs and officers from the Ministry of Privatization and SLICP
- Two MNAs attended the meeting via video link
Source: app.com.pk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
