Pakistan Railways (PR) fuel stock will exhaust in the next 2 to 3 days and it will be unable to ply the trains on existing routes, informed sources revealed exclusively to Business Recorder. Sources in the Railway Ministry revealed to Business Recorder that PR's operations would suffer if its fuel stocks were not immediately replenished.
Finance Ministry has not released the required amount for the current month to enable PR to make payment to its fuel supplier. Sources revealed that PR pays approximately Rs 16 billion per annum for oil and due to financial constraints the Finance Ministry has been unable to release the required amount.
Railways Ministry has been able to pay the salaries of its employees from its monthly income, estimated at Rs 1700 million. When contacted Sameeul Haq Khilgi Secretary for Pakistan Railways, confirmed that Finance Ministry has not released Rs 1 billion for fuel for the ongoing month due to which it was going to be difficult to continue to run the trains.
"We have fuel stock for the next 2 to 3 days and are hopeful that Finance Ministry will release the required amount very soon to pay to our supplier", said Sameeul Haq Khilgi. He further said that the government had promised a supplementary grant of Rs 5 billion for Railways, which has also not been released yet. The Railway Ministry has already approached the Finance Ministry to release the promised amount, he added.
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