Railways generate Rs10b revenue, reduces deficit by Rs4b

Islamabad

Pakistan Railways has generated around Rs 10 billion revenue through special initiatives and projects initiated by the present government of Pakistan Tehreek-e-Insaf (PTI) which helped in reducing its annual deficit by Rs 4 billion.
The additional revenue had also helped in absorption of Rs 6 billion additional bill in respect of increasing cost of the fuel as well as pay and pension bill.
During the financial year 2018-2019, earning of the department stood at Rs 54.59 billion compared to Rs 49.50 billion for financial year 2017-18 which was the highest revenue ever achieved by the department.
He said the annual deficit lowered from Rs 36.00 billion to Rs 32 billion. —APP

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