Pakistan sweetens deal to sell national carrier PIA after finding no serious buyers

Pakistan is once again attempting to privatise its struggling national carrier, PIA, after previous failed efforts to sell it. However, a lack of serious buyers continue to pose major challenges to the process. For the bid, a sole investor submitted an offer of 10 billion Pakistani Rupees, which is much lower than the expectations.

Pakistan sweetens deal to sell national carrier PIA after finding no serious buyers
Pakistan is once again attempting to privatise its struggling national carrier, PIA, after previous failed efforts to sell it. However, a lack of serious buyers continue to pose major challenges to the process. For the bid, a sole investor submitted an offer of 10 billion Pakistani Rupees, which is much lower than the expectations.