Govt clarifies no state-backed loan or guarantee for PIA aircraft
The role of privatization and the U.S. Export-Import Bank (EXIM Bank) in relation to Pakistan International Airlines (PIA) has been clarified by Adviser to the Finance Minister Khurram Schehzad.
September 27, 2026 (MLN): The role of privatization and the U.S. Export-Import Bank (EXIM Bank) in relation to Pakistan International Airlines (PIA) has been clarified by Adviser to the Finance Minister Khurram Schehzad. Khurram Schehzad said the government is neither purchasing aircraft for PIA after its privatization nor has it announced any government guarantee or taxpayer-funded loan for this purpose. He said, l...