The privatisation of PIA underscores the achievements of economic reforms, according to Awais Leghari.

The Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, stated on Tuesday that the successful Rs135 billion bid for Pakistan International Airlines (PIA) by the Arif Habib Consortium is a significant milestone and a robust endorsement of investors’ confidence in Pakistan’s economic prospects.

In a statement disseminated on the social media platform X, the minister asserted that the landmark privatisation achievement signifies the efficacy of the government’s reform plan and the reinstatement of investor confidence in Pakistan’s economy.

Awais Leghari stated that this historic milestone was achieved due to the visionary leadership and unshakeable commitment of Prime Minister Shehbaz Sharif, Adviser on Privatisation Muhammad Ali, and the steadfast support and guidance of Field Marshal Asim Munir.

Their collective will has successfully guided this essential privatisation to completion, indicating to the global community that Pakistan is resolutely advancing towards economic stability, transparency, and sustainable progress. This transaction highlights the worldwide business community’s revitalised confidence in our nation’s potential and signifies a new era of efficiency and advancement for our national institutions.