Pakistan, May 28 -- Pakistan has extended the deadline for expressions of interest (EOI) in purchasing Pakistan International Airlines (PIA) to June 19, the country's privatization ministry said on Tuesday.

Cash-strapped Pakistan is seeking to privatize the debt-ridden PIA to raise funds and reform state-owned enterprises, as outlined in the $7 billion International Monetary Fund program secured last year.

The earlier EOI deadline was June 3.

"The deadline for submission of Expressions of Interest and Statements of Qualification for 'Divestment of Pakistan International Airlines Corporation Limited through privatization' has been extended till 16:00 hours on Thursday, June 19, 2025," the ministry said in a statement. "The remaining ter...