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Pakistan’s Finance Adviser, Muzammil Aslam, has expressed his concerns over the privatization of the national airline, Pakistan International Airlines (PIA). In an exclusive interview with Geo News in Peshawar, Aslam stated that the government will only receive 7.5 percent of the revenue generated from the privatization of PIA. He further criticized the decision, saying that 7.5 percent of the revenue is barely enough to cover the consulting fees, while PIA’s outstanding debts of Rs. 700 billion have been transferred to the government’s account.
The Finance Adviser suggested that the government should recover the debts by imposing additional taxes on the public. He also implied that the government should take responsibility for the botched privatization process, which has been ongoing since 2015. Aslam emphasized that the government should not take credit for the privatization, and instead, seek forgiveness from the nation.
Meanwhile, in other news, a devastating flood has struck the country, leaving many people affected and displaced. The government has announced that it will provide housing schemes to the affected people in cities including Karachi. Sources reveal that most of the non-filers have been issued notices, and a list that includes homemakers has also been prepared.
Four years ago, a statement made by a former Minister of Aviation brought the entire aviation sector to a standstill. Chief Justice of Pakistan, Umar Ata Bandial, has asked the government’s lawyer if the government can be forced to act without an order. A 42-foot-tall Christmas tree has been installed at Lahore’s Liberty Chowk, which will light up at night.
In a separate incident, a fire broke out in a nursing home in Philadelphia, causing widespread destruction. Pakistan has made a significant breakthrough in its economy, with the country starting the new financial year on a strong economic foundation.
In a shocking incident, the Libyan Army Chief’s plane crashed after taking off from Ankara, Turkey. The wreckage of the plane was later recovered, and it is believed that the Army Chief and four others were on board.
In a lighter note, a Pakistani woman has expressed her desire to see Prime Minister Imran Khan tie the knot again with his ex-wife, Jemima Khan. The woman was speaking at an event where she reminisced about the past. In a related development, the PTI has refused to participate in talks with the government, with the party’s leader stating that they will not respond to the government’s invitation.
In a separate incident, Pakistan’s Ambassador to the United Nations, Munir Akram, has called for a diplomatic resolution to the ongoing crisis in Iran.
