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Islamabad, July 06, 2023 (PPI-OT): Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on matters related to restructuring of PIA, at Finance Division, today. Federal Minister for Railways and Aviation Khawaja Saad Rafique, Minister for Commerce Syed Naveed Qamar, Minister for Planning Development and Special Initiatives Ahsan Iqbal, SAPM on Finance Mr. Tariq Bajwa, Secretary Aviation, Air Vice Marshal Mr. M. Amir Hayat, and senior officers from Finance and Aviation attended the meeting.
The team from Aviation Division briefed the Chair about operational and financial challenges being faced by the PIA authorities and gave a detailed presentation about the possible solutions and measures that can be taken for the resolution of those issues. The members deliberated upon the solutions available for restructuring of PIACL in order to enhance its performance and make it compatible with the international standards. Finance Minister Senator Mohammad Ishaq Dar appreciated the way forward suggested and instructed the relevant authorities to develop a detailed road-map for presentation in the next meeting.
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