ISLAMABAD: The government has allocated Rs 370 million in Public Sector Development Program (PSDP) 2018-19 for rebranding 550 offices of Pakistan Post with new logo and a changed outlook to revitalize its perception among the general public.
Secretary Postal Services, Dr Saqib Aziz expressed these views while talking to media on his visit to General Post Office, to review the new logo and modernized office here Friday.
Aziz said that Pakistan Post generated Rs 11 billion revenue from its various services while ‘same day mail’ service had been started in the twin cities and it would be inaugurated in Lahore. The Urgent Mail Service (UMS), he said, has been introduced with track and trace system to improve the service while in Rs 40 a posted mail is transferred across the country.
To a question, he said, a regulatory bill had been passed in the national assembly to regularize Pakistan Post and other private postal services to avoid cut throat competition and maintain check and balance.
He said that the rumors of the privatization of Pakistan Post were just speculations and there was no such project in the pipeline.
Memorandum of Understanding (MoU) has been signed with National Database Registration Authority (NADRA), United Bank Limited (UBL), National Bank of Pakistan (NBP) and others for joint ventures to improve its services, he added.
Commenting on the current financial status of the organization, Secretary Postal Services said that at present Pakistan Post is in deficit but it can be overcome if the prices of postal tickets were increased from Rs 8 per ticket.
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