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New PIA aircraft: No govt financing, sovereign-guaranteed loans announced: Schehzad
ISLAMABAD: Adviser to the Finance Minister Khurram Schehzad said on Sunday that Pakistan had discussed potential financing from the US Export-Import Bank (US Exim Bank) for Boeing aircraft for privatised Pakistan International Airlines (PIA), but no government loan or sovereign guarantee had been announced for the airline. In a post on X, Schehzad said Finance Minister Muhammad Aurangzeb’s discussions with the US Exim Bank were not confined to PIA, with potential financing opportunities in several sectors, including aviation, refinery upgrades and the Reko Diq mining project, also discussed as...
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