PPP to resist privatisation of PIA, PSM | Pakistan Today

PPP to resist privatisation of PIA, PSM

  • PPP leaders say Nawaz and Abbasi have ulterior motives in selling national enterprises 

ISLAMABAD: Pakistan People’s Party (PPP) leader Syed Nayyar Bokhari and Dr Nafisa Shah on Sunday rejected the proposed privatisation of Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM) and vowed to resist any move in this regard.

Addressing a press conference at the PPP’s media office, Bokhari and Shah said that the party rejects the proposed privatisation of the PIA and PSM and will strongly resist any move concerning this and added that the PPP is a pro-labour party and will not allow anyone to privatise national assets.

They said, “We believe that this arbitrary and hurriedly done action is done with an ulterior motive. We consider that it is a mala fide, ill-advised, ill-intentioned move to undertake such a decision with only four months prior to 2018 elections.”

The PPP’s office-bearers further said that during the past five years, both the PIA and PSM were ignored due to deliberate and criminal neglect, bad governance, and corruption.

They said, “We believe both the present prime minister [Shahid Khaqan Abbasi] and the previous one [Nawaz Sharif] have ulterior motives in privatising the two entities, as one [Nawaz] is a steel tycoon and the other is an airline tycoon [Abbasi].”

The PPP leaders stated that PM Abbasi and Sharif want to turn Pakistan into a “retail economy with no production and basic industry to show”. This is the reason why exports are at a historical decline, and debt and borrowing historical high, they added.



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