PIA privatisation: No layoffs for a year, Roosevelt to stay with Pakistan | Chatroom with Shizza

In this podcast, we sit down with Muhammad Ali, Advisor to the Prime Minister on Privatisation and Chairman of the Privatisation Commission of Pakistan, just one day before the historic bidding for Pakistan International Airlines (PIA). In our conversation, we unpack what this privatisation means for Pakistan’s economy, including how the aviation sector’s contribution to GDP could grow significantly with the right private sector backing. Mr Ali assures that no current PIA employee will be laid off for at least 12 months after the takeover. He also mentions the fate of non-core overseas assets like the Roosevelt Hotel in New York, which will remain under government ownership with future plans still being evaluated. #PIA #Privatisation #pakistaninternationalairlines