PIA becomes a Public Limited Company

PIA becomes Public limited Company

An interesting turn of events takes over for the PIA. What seems to coming for a long time finally happened; the Parliament on Monday unanimously accepted a bill to change Pakistan International Airlines (PIA) into a “public limited company”.

The result came throughout a joint session of the Parliament lead by National Assembly speaker Ayaz Sadiq. Finance Minister Ishaq Dar addressed the House that the commission has made adjustments to the bill with unanimity. Dar guaranteed that all organizational actions contrary to the staffs will be reserved by Tuesday.

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Beside the bill concerning to PIA, the other bills that the commission debated involved the Emigration (Amendment) Bill of 2014, the Civil Servants (Improvement) Bill of 2014, the Anti-Rape Laws (Criminal Laws Amendment) Bill for 2015, the Anti-Honor Killing Laws (Criminal Laws Amendment) Bill for 2015 and the Privatization Commission (Second Amendment) Bill for 2015.

At first, the government had deliberated to organize the joint sitting for seeing the PIA bill, but it involved five other bills that make a final bill. After the Senate acknowledged a resolution and its chairperson, Raza Rabbani, directed the administration to consider the bills by now passed by the Senate and not the National Assembly.

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