ADB appreciates PR efforts for completion of digital land asset database

ISLAMABAD: Asian Development Bank (ADB) Tuesday appreciated Pakistan Railways’ (PR) efforts for the completion of digital land asset database.

Mission Leader of ADB Adrian Torres expressed these views during a meeting with Member of Finance Ministry of Railways Faisal Ismaeli, said a press release issued here.

Adrian was briefed about creation of draft manual for construction of Internal Audit Department for Pakistan Railways (PR).

He was also informed that consultants were working for reorganization and rationalization of workforce and it would be accomplished in December 2018.

The Manila based organization showed interest in establishment of unit for Public Private Partnership in PR.

It was also mentioned that PR initiated reforms to improve transparency and competence in procurement processes.

The adoption of accrual based accounting for PR was also discussed.

The meeting was also attended by DG operation Maryam Gillani, DG Planning Munawar Ali Shah and Chief Finance and Account Muhammad Jan.