Railways’ fuel to last two more days: Bilour
Pakistan Railways unable to buy fuel because of insufficient funds, reveals railway minister.
LAHORE:
Pakistan Railways is unable to buy fuel because it does not have sufficient funds and its existing fuel supply will last just two more days, Railways Minister Ghulam Ahmad Bilour said on Monday.
Addressing a press conference at the Railways Headquarters, Bilour said that the railways have not yet received Rs1.15 billion, an amount allocated to it by the government.
He termed a severe shortage of rail engines another major hurdle in the way of revenue generation. The minister said that railways needs 400 engines to overcome its deficit, adding that the government needs to make a huge investment in the organisation to save it from shutting down.
“The railways can become self-sufficient if the government starts supporting it,” Bilour said.
Published in The Express Tribune, July 19th, 2011.
Pakistan Railways is unable to buy fuel because it does not have sufficient funds and its existing fuel supply will last just two more days, Railways Minister Ghulam Ahmad Bilour said on Monday.
Addressing a press conference at the Railways Headquarters, Bilour said that the railways have not yet received Rs1.15 billion, an amount allocated to it by the government.
He termed a severe shortage of rail engines another major hurdle in the way of revenue generation. The minister said that railways needs 400 engines to overcome its deficit, adding that the government needs to make a huge investment in the organisation to save it from shutting down.
“The railways can become self-sufficient if the government starts supporting it,” Bilour said.
Published in The Express Tribune, July 19th, 2011.