Govt affirms unwavering support for PIA, denies false reports

MG News | September 11, 2023 at 09:17 PM GMT+05:00

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September 11, 2023 (MLN): The government will continue its financial support to Pakistan Air Lines (PIA), the Finance Division on Monday said in a notification while refuting the false reports appearing through various sections of media.

"The reports appearing in a section of media regarding the non-provision of financial support to PIA by the government are inaccurate and misleading," the notification reads.

The government has supported the national airline in the past and will continue to do so in the future as well.

The Ministry of Finance and the Ministry of Aviation are fully assisting PIA in arranging the finances required for its operational requirements.

PIA has only recently negotiated fresh credit facilities from financial institutions under the GoP guarantee limit provided to the airline by the Government of Pakistan. \

These credit facilities will help PIA to pay any overdue amounts and continue it's operations without any interruption.

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