Information Minister Pervaiz Rashid is cutting the cake on the first anniversary of 92 News at Islamabad office. Senior Journalists Mohsin Raza and Anwar Raza also seen in the picture.
ISLAMABAD: (APS)FEB 6,2016-Information Minister Pervaiz Rashid says PIA was turned into a public limited company to give it autonomy and attract strategic investor.
He was talking to newsmen at a function in Islamabad on Saturday afternoon.
The Minister said that PIA was in a shabby condition when the incumbent government took over.
He said the government is providing 600 billion rupees to loss-making entities annually and PIA and Steel Mills are included in the list of such organizations.
He regretted that neither Musharraf nor PPP Government made any attempt to help improve things in PIA.
He said as no investor is coming forth to invest in a public sector entity.
Referring to criticism of PTI, he said its government in PKP is seeking investor in public sector hospitals, but opposes the move of the Federal Government in respect of PIA.