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flag Pakistan plans to sell a majority stake in its national airline, PIA, to raise funds and reform.

flag Pakistan is moving forward with plans to sell a majority stake in its national airline, Pakistan International Airlines (PIA), to raise funds and reform state-owned enterprises. flag Four investors, including two business consortia and two individual bidders, have been prequalified. flag The government aims to finalize the sale by the end of 2025. flag Separately, the Cabinet Committee on Privatization has approved a joint venture model for the sale of the Roosevelt Hotel in New York, a significant overseas asset.

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