{"id":347169,"date":"2023-08-05T10:09:24","date_gmt":"2023-08-05T05:09:24","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=347169"},"modified":"2023-08-05T10:09:24","modified_gmt":"2023-08-05T05:09:24","slug":"bill-for-privatization-of-pia-presented-in-senate","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bill-for-privatization-of-pia-presented-in-senate\/","title":{"rendered":"Bill for privatization of PIA presented in Senate"},"content":{"rendered":"<p>\u2018Foreign investment\u2019<br \/>\n ISLAMABAD<br \/>\nBill regarding privatization of PIA was presented in Senate Friday. Chairman Senate sent the bill to respective committee on the proposal of opposition senators. Federal minister Khawaja Saad Rafiq while presenting the bill regarding privatization of PIA in Senate on Friday said PIA loss is expected to be Rs 112 billion this year. There is loan of Rs 742 billion and we have to obtain loan to repay loans. We will have to bring change in the system of PIA and no one will become jobless in this regard. Foreign investment will have to be brought in PIA.<br \/>\nThe planes on lease are being demanded back and planes are not becoming available on further lease.<br \/>\nHe went on to say a committee will have to be set up to save the national institutions from complete destruction.<br \/>\nHe indicated a holding company will be set up for this purpose. PIA control will have to be given to private sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Foreign investment\u2019 ISLAMABAD Bill regarding privatization of PIA was presented in Senate Friday. Chairman Senate sent the bill to respective committee on the proposal of opposition senators. Federal minister Khawaja Saad Rafiq while presenting the bill regarding privatization of PIA in Senate on Friday said PIA loss is expected to be Rs 112 billion this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-347169","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bill for privatization of PIA presented in Senate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/bill-for-privatization-of-pia-presented-in-senate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bill for privatization of PIA presented in Senate\" \/>\n<meta property=\"og:description\" content=\"\u2018Foreign investment\u2019 ISLAMABAD Bill regarding privatization of PIA was presented in Senate Friday. Chairman Senate sent the bill to respective committee on the proposal of opposition senators. Federal minister Khawaja Saad Rafiq while presenting the bill regarding privatization of PIA in Senate on Friday said PIA loss is expected to be Rs 112 billion this [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/bill-for-privatization-of-pia-presented-in-senate\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-05T05:09:24+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta 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Federal minister Khawaja Saad Rafiq while presenting the bill regarding privatization of PIA in Senate on Friday said PIA loss is expected to be Rs 112 billion this [&hellip;]","og_url":"https:\/\/leadpakistan.com.pk\/news\/bill-for-privatization-of-pia-presented-in-senate\/","og_site_name":"Daily Lead Pakistan","article_publisher":"https:\/\/www.facebook.com\/DailyLeadPak\/","article_published_time":"2023-08-05T05:09:24+00:00","author":"Web Desk","twitter_card":"summary_large_image","twitter_creator":"@DailyLeadPak","twitter_site":"@DailyLeadPak","twitter_misc":{"Written by":"Web Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leadpakistan.com.pk\/news\/bill-for-privatization-of-pia-presented-in-senate\/#article","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/bill-for-privatization-of-pia-presented-in-senate\/"},"author":{"name":"Web 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