Image default
Business Top Stories

National Assembly: PIAC Bill 2015 pass to change PIA into corporation

ISLAMABAD: National Assembly on Thursday passed the PIAC (Conversion) Bill 2015 to convert Pakistan International AirlineĀ PIA into public limited company, TheNewsTribe.com reported.

Opposition parties opposed the bill but bill passed by majority of votes in National Assembly in absence of speaker of the house Ayaz Sadiq.

Minister of State for Parliamentary Affairs Sheikh Aftab Ahmed presented the bill in house.Ā Opposition leader Syed Khurshid Shah claimed that bill was not part of this assembly session. Opposition members record protest during session.

Earlier, treasury members have pushed through a bill with a majority vote to convert Pakistan International Airlines Corporation into a public limited company for inviting strategic partnership after strong resistance by the opposition parties. A meeting of the National Assembly’s Standing Committee on Cabinet Secretariat was held here on Tuesday to take up PIAC (Conversion) Bill 2015 and, after sensing the situation following opposition to the proposed law by Pakistan People’s Party, Jamiat Ulema-e-Islam and Muttahida Qaumi Movement (MQM), chairman of the committee Rana Muhammad Hayat Khan decided to have a voting on it.

Pakistan Tahreek-e-Insaaf member Nafeesa Khan Khattak walked out from the committee meeting as protest against the law while PPP, MQM and JUI voted against it. They also questioned if the government was providing money to Metro bus and Orange train, why it can’t do so for PIA which is a national asset and must not go to the private sector.

Dear TNT Reader,

At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.

Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.

But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.

Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.

Monthly Subscription Annual Subscription

Visa Card MasterCard American Express Card

We want to hear your Travel Stories.

Do you have a memorable, unbelievable, or favorite travel experience? Share your story with us.