No PIA employee to be laid off: Ishaq Dar

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Homecoming: Nawaz Sharif, Ishaq Dar decide to renew their passports

Finance Minister Ishaq Dar called on Prime Minister Nawaz Sharif in Islamabad today (Tuesday).

He briefed the Prime Minister about the new Ordinance of PIA.

The Prime Minister was informed about the salient features of this new PIA company law partnership which includes job protection of all employees of PIA and to insulate the Airlines from bureaucratic control and to run it on an autonomous corporate model like OGDCL.

Finance Minister said as per directions of Prime Minister, no employee of PIA will be laid off.

Finance Minister 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.