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Pakistan Scrubs PIA’s Debt to Lure Investors
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Pakistan Scrubs PIA’s Debt to Lure Investors
Pakistan International Airlines (PIA) is preparing for privatization in November 2025 after years of financial struggles caused by overwhelming debt. The airline had long relied on government bailouts while liabilities soared to over Rs650 billion, equal to 2.3 to 2.5 billion US dollars. PIA’s Debt Burden The debts included unpaid bank loans, dues to suppliers, […] The post Pakistan Scrubs PIA’s Debt to Lure Investors appeared first on M9.news.
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