Yesterday’s horrific and tragic accident brings attention to PIA’s abysmal financial and operational situation. Despite privatization being floated around since early 1990s, no progress has been made due to entrenched political interests. The budget of Pakistan Railways, another disastrous state owned enterprise stood at more than $800-million. PIA is at least twice that amount, bringing into question the continued wisdom behind hanging on to such grossly failed enterprises. This twitter thread is really sobering reminder on what’s wrong with Pakistan’s economy. With the victory of PTI, there was some hope that privatization would move at a rapid pace, unfortunately this hasn’t happened. PTI seems to have fallen victim to the same vested interests that have held Pakistan’s economy hostage for the past many decades.