With opposition strongly protesting over the ordinance imposed before the National Assembly regarding restructuring of PIA, and imposition of new taxes worth Rs 40 billion, Finance Minister Ishaq Dar called on Prime Minister Nawaz Sharif inIslamabad Tuesday and briefed him about the new Ordinance.
The Prime Minister was informed about the salient features of the new PIA company law partnership which includes job protection of all employees of PIA and to insulate the Airlines from bureaucratic control and run it on an autonomous corporate model like OGDCL.
The Finance Minister said as per directions of Prime Minister, no employee of PIA will be laid off.
He also apprised the PM that government is totally focused on rehabilitation of Temporary Displaced Persons who have given sacrifices after successful launch of operation Zarb-e-Azb.
The Prime Minister directed that all resources be made available for prompt and honourable rehabilitation of TDPs.
Finance Minister informed the Prime Minister that out of the 40 billion rupees revenue proposed to be generated through regulatory duty on luxury items , 27 Billion rupees shall be allocated to Provinces.