Pakistan is pushing forward with plans to sell its loss-making state-owned assets to stabilize its shaky economy. Recently, rumors surfaced claiming that Karachi’s Jinnah International Airport was secretly sold for $1.8 billion, causing a stir on social media. These unverified reports quickly spread, prompting a mix of reactions online.
However, the Pakistan Civil Aviation Authority (PCAA) swiftly stepped in to address the rumors. A spokesperson from the PCAA dismissed the claims as unfounded and baseless. In an official statement, aviation officials clarified that Jinnah International Airport remains under PCAA management and that no such sale had occurred.
The PCAA took to social media to emphasize the importance of relying on credible sources for accurate information. They warned against the spread of unverified news that could lead to confusion and misinformation.
Earlier, the Pakistani government had postponed plans to outsource operations at Karachi and other airports. This delay was in response to requests from both international and local bidders who needed more time to conduct thorough assessments.
As Pakistan navigates its financial challenges, the government continues to explore ways to reduce its economic burdens. The sale or outsourcing of state-owned enterprises remains a key strategy, but as of now, Karachi Airport stays under the oversight of the PCAA.
