PIA Up for Sale as Pakistan Seeks IMF Loans; Fauji Foundation Reported Among Bidders
Pakistan, which has been relying on loans and aid, will auction its debt-laden airline, Pakistan International Airlines (PIA), on December 23, 2025. The government calls this live-broadcast bidding process the “final step” to fulfill a crucial requirement of its $7 billion IMF bailout package, according to Geo TV. Pakistan to Auction PIA Under IMF Bailout