PR has reduced deficit by Rs4bn in a year: minister

Updated July 03, 2019

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Federal Minister for Railways Sheikh Rashid Ahmed has said Pakistan Railways has reduced its deficit from Rs36 billion to Rs32bn in 2018-19 while earning Rs55bn. — DawnNewsTV/File
Federal Minister for Railways Sheikh Rashid Ahmed has said Pakistan Railways has reduced its deficit from Rs36 billion to Rs32bn in 2018-19 while earning Rs55bn. — DawnNewsTV/File

RAWALPINDI: Federal Minister for Railways Sheikh Rashid Ahmed has said Pakistan Railways has reduced its deficit from Rs36 billion to Rs32bn in 2018-19 while earning Rs55bn.

Addressing a press conference at the Rawalpindi railway station on Tuesday, he said: “We had to spend Rs4bn more on fuel due to increase in the prices of petroleum products; otherwise, the railways would have earned more.”

He said the good performance was due to the hard work of the railway employees. “We will increase the salaries of railway workers by 10 per cent in the coming days after getting permission from Prime Minister Imran Khan,” he said.

The minister held the press conference with Divisional Superintendent Syed Munawar Shah after reviewing the security arrangements for the inauguration of Sir Syed Express from Rawalpindi to Karachi that is scheduled to start on July 3 (today).

“Prime Minister Imran Khan will inaugurate Sir Syed Express on July 3 while he will also inaugurate the new Command and Control centre soon,” he said.

Published in Dawn, July 3rd , 2019