GNN on Google Play Store GNN on Apple App Store
Connect with us

Business

PIA's immediate demand of Rs23 billion, finance ministry refused

The Ministry of Finance is of the view that PIA should come up with a workable restructuring plan.

Published

11 months ago

on

By

PIA's immediate demand of Rs23 billion, finance ministry refused
GNN Media: Representational Photo

Islamabad: Pakistan International Airlines (PIA) has immediately requested to provide 23 billion rupees.

Responding the demand of PIA, the Ministry of Finance is of the opinion that they are not in a position to provide funds immediately. PIA should arrange loans from commercial banks.

The Ministry of Finance is of the view that PIA should come up with a workable restructuring plan.

It may be recalled that PIA had requested the caretaker Finance Minister Shamshad Akhtar for immediate funding.

Continue Reading

Trending