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Shehbaz Sharif Govt Sells Pakistan’s PIA Under IMF Pressure, Arif Habib Consortium Wins | N18G
Pakistan Airlines (PIA) is set to be privatized, with the Arif Habib Corporation emerging as the top bidder for a 75% stake. The consortium offered 135 billion rupees, surpassing the government’s reserve price of 100 billion rupees. The sale marks a major step in Pakistan’s long-delayed privatization efforts and comes under close scrutiny ...
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