Railways fiscal deficit reduced considerably: Shahbaz Sharif

LAHORE: The financial deficit of the Pakistan Railways has been reduced and its operations have been improved considerably, Chief Minister Shahbaz Sharif said on Saturday.

He was addressing the inaugural ceremony of the recently-completed double railway track from Lodhran to Raiwind at Premnagar. With the dualisation of track from Lodhran to Raiwind, the entire railway line from Lahore to Karachi has been doubled.

“The railway’s deficit has been brought down from Rs37 billion to Rs27 billion. The deficit will be further cut by more than Rs3.5 billion during the current year. Due to railway administration’s efforts, the number of passengers has been increased by 15 million,” he said.

Read more » The Express Tribune
See more » http://tribune.com.pk/story/1024904/railways-fiscal-deficit-reduced-considerably-shahbaz-sharif/

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