Railways facing huge sustainability gap, NA committee told
ISLAMABAD: The Pakistan Railways continues to face a significant sustainability gap, with its immediate obligations more than 10 times higher than the current operational surplus, a National Assembly panel was told on Thursday. “Against a current operational surplus of Rs2.4 billion, immediate obligations amount to Rs27.4 billion, highlighting a structural funding shortfall that requires strategic support and long-term financial restructuring to ensure sustainable operations,” Pakistan Railways’ member of finance told the National Assembly’s Standing Committee on Parliamentary Affairs, which met here with Rana Iradat Sharif Khan, MNA, in the chair. The secretary of parliamentary affairs briefed the committee on the status of complaints received about Pakistan Railways pensioners to the Prime Minister’s Delivery Unit. The member of finance told the committee that PR has undertaken active liability management to address longstanding employee obligations, disbursing Rs5.622bn ...