IMF hails PIA privatisation as ‘milestone’ in Pakistan’s reform drive

The representational image shows a PIA plane taking off. — PIA/FileIMF says privatisation meets key $7bn EFF commitment.Arif Habib-led consortium buys 75% stake for Rs135bn.SOE losses hit Rs122.9bn in FY2024-25, cabinet data shows.KARACHI: The International Monetary Fund has…