The outgoing Chief Executive Officer (CEO) of Pakistan Railways Shahid Aziz has highlighted a pressing concern within the railway sector – salaries.
He emphasized that salaries have become a major issue and a solution can be found if the government provides a bailout package of Rs3 to Rs4 billion.
Shahid Aziz discussed these challenges in a conversation with journalists at PR Headquarters on Thursday.
Furthermore, Pakistan Railways CEO also raised concerns regarding the substantial financial losses incurred last year due to floods.
These losses amount to an estimated Rs8 to Rs10 billion which have not been recovered.
Shahid Aziz identified a significant issue contributing to railway accidents, attributing them to a lack of resources for maintaining tracks, engines, and bogies.
He stressed the need for immediate attention to enhance safety measures within the railway system.
Additionally, the CEO expressed his stance on railway fares and noted that he has not contemplated reducing them.
He also mentioned that the railways are finding it challenging to pass on the benefits of lower diesel prices to customers.
.jpg&w=640&q=75 "Pakistan's economy to miss 4% growth target, inflation to rise: ADB")
