Cash-strapped Pak govt approves â¹900 cr for national carrier PIA
The cash-strapped Pakistan government has approved an over â¹900-crore bailout package for its national carrier PIA which has been running into losses for years. It is the first bailout package approved by government of PM Imran Khan, who is also the minister in charge of the Aviation Division. PIA has been suffering operational losses worth nearly â¹110 crore every month.