ABC welcomes privatisation of PIA

KARACHI: Akram Wali Muhammad, President of the American Business Council (ABC), has welcomed the Government of Pakistan’s decision to proceed with the privatisation of Pakistan International Airlines (PIA), terming it a significant milestone in the country’s ongoing efforts toward structural reforms and economic stabilization.

He congratulated the Government of Pakistan on its demonstrated commitment to privatising loss-making state-owned enterprises, noting that such measures are essential for improving fiscal discipline, enhancing efficiency, and restoring investor confidence. ABC views this development as a positive and timely step toward strengthening Pakistan’s economy and improving the overall business environment.

He further emphasized that consistent reforms, coupled with policies that promote ease of doing business, will enable both foreign and local businesses to expand their operations and contribute more effectively to Pakistan’s economic upliftment. He encouraged the government to continue this reform path by introducing further facilitative measures that support private sector growth and investment.

The President of ABC also congratulated the Arif Habib Group Consortium on successfully winning the bid for PIA and extended best wishes to them in their efforts to revive the national carrier. He expressed confidence that professional management and strategic investment would help restore PIA’s legacy and operational excellence.

The American Business Council reiterates its support for reforms that promote transparency, competitiveness, and sustainable economic growth in Pakistan.

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