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Bankrupt Pakistan is trying to sell PIA again after no buyer last year; Asim Munir-backed Fauji Foundation also in the race

PIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a key part of the country's IMF bailout program. The government aims to improve PIA's financial health and global standing. This sale represents a significant privatization effort for Pakistan after nearly two decades. The process is moving forward with transparency.