In first phase 40pc efficient workers, 40 aircraft and other assets to be shifted to new subsidiary; govt can’t afford to waive Rs300 bn; employees willing to do their jobs not to be sacked ISLAMABAD: Rejecting demands to take outstanding loans of Rs300 billion of PIA on official books, the Ministry of Finance has prepared a plan for establishing a subsidiary, shifting its assets and making its balance sheet cleaned and taking 40 to 50 percent employees on its strength to run the...