PIA privatization reflects government’s seriousness to shrink commercial footprint: experts
A PIA plane is pictured mid-flight. — AFP/File KARACHI: Experts have hailed the delayed privatization of Pakistan International Airlines (PIA) saying the move sends a strong signal to investors that the government is serious about shrinking its commercial footprint and tackling inefficiencies that have drained public resources for years. The News reported on Wednesday. “The government will have to make sustained efforts to get out of business,” Uzair Younus, a Washington-based economic analyst, said in comments to the report. He described the PIA transaction as a turning point, adding that other sectors, particularly energy, should follow. “Privatization and deregulation of












