{
  "id": 10315221,
  "title": "No govt financing, sovereign-guaranteed loans for new PIA aircraft: PM’s aide",
  "url": "https://urgent.news/2026/09/27/no-govt-financing-sovereign-guaranteed-loans-for-new-pia-aircraft-pms-10315221",
  "topic": "world",
  "section": "World",
  "published": "2026-09-27T23:58:22.000Z",
  "source": {
    "name": "Daily Times",
    "slug": "daily-times",
    "url": "https://dailytimes.com.pk/1559314/no-govt-financing-sovereign-guaranteed-loans-for-new-pia-aircraft-pms-aide/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Pakistani government is not purchasing any aircraft for Pakistan International Airlines (PIA), which was privatised through an auction in December last year. According to Adviser to the Prime Minister on Finance Khurram Schehzad, the government has not announced any sovereign guarantee of taxpayer-funded loan for buying new aircraft for PIA.\n\nSchehzad's clarification comes after claims on social media that a minister was arranging and negotiating sovereign-linked financing for new jets. These claims followed a meeting between Finance Minister Muhammad Aurangzeb and Chair of the US Export-Import (Exim) Bank John Jovanovich in New York, where they discussed funding opportunities for procuring an aircraft for PIA. According to the finance ministry, Aurangzeb shared PIA's interest in Boeing's 787 Dreamliners and sought support for a financing package.\n\nThe US Exim Bank's mandate is to support US exports and jobs, and it provides financing support to foreign purchasers of US-manufactured aircraft, including airlines, through established financing structures. Schehzad pointed out that the bank's support would be for a private purchase of Boeing aircraft, not a government-backed loan.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Express Tribune - Pakistan",
        "title": "Govt not financing purchase of new PIA aircraft, says finance adviser",
        "url": "https://urgent.news/2026/09/27/govt-not-financing-purchase-of-new-pia-aircraft-says-finance-adviser",
        "published": "2026-09-27T09:43:33.000Z"
      },
      {
        "outlet": "Dawn",
        "title": "No govt financing, sovereign-guaranteed loans for new PIA aircraft: PM's finance adviser",
        "url": "https://urgent.news/2026/09/27/no-govt-financing-sovereign-guaranteed-loans-for-new-pia-aircraft-pms",
        "published": "2026-09-27T14:35:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}