Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum price

Pakistan's attempt to privatise Pakistan International Airlines drew minimal interest. Only Blue World City made a bid of Rs 10 billion for a 60 per cent stake, much lower than the Rs 85 billion minimum set by the government. This move is part of a deal with the IMF to support Pakistan's economy.

from International-News-Economic Times https://ift.tt/Ts96eur

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