In a decisive step aimed at reviving its fragile economy, Pakistan has unveiled plans to privatize its struggling national carrier, Pakistan International Airlines (PIA), by 2025. Grappling with mounting fiscal pressures and persistent losses at state-owned enterprises, Islamabad views the strategic sale of PIA as essential to restore investor confidence and secure future financial stability. Authorities are racing to complete necessary corporate restructuring, settle outstanding liabilities, and attract credible buyers.