Tag: Railway
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Pakistan to receive $13 billion in financial assistance from China and Saudi Arabia
Ishaq Dar, Federal Minister of Finance, has said that Pakistan’s two closest friends, China and Saudi Arabia, will contribute a multibillion-dollar financial package to assist Pakistan with its shaky economy. According to the Finance Minister, both countries will grant Pakistan a $13 billion package. According to The News, Dar went on to say that China…
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Pakistan Railways paying Rs35 billion pension to unverified employees annually
About 115,000 Pakistan Railways (PR) retired employees who have not been verified have been receiving annual pensions totaling Rs35 billion, according to research by the government-funded Pakistan Institute of Development Economics (PIDE), a think tank housed within the Planning Commission. It revealed in a statement yesterday that between 2015 and 2020, Pakistan Railways lost Rs144…
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Pakistan Railway offers 30 per cent fare discount for Eid-ul-Azha
To assist travellers on the occasion of Eid-ul-Azha, Pakistan Railways has offered a 30 per cent discount on train tickets. A notice posted states that all customers travelling by train during the three days of Eid-ul-Azha would be eligible for the reduced tickets. The notification stated that the PR had begun accepting reservations for Eid…
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Number of railway passengers increases after hike in bus fares
The number of train passengers has enhanced as the cost of travelling by bus or private vehicle has elevated owing to skyrocketing fuel costs. Despite a slight increase in railway fares, a spokesperson for Pakistan Railways said that there was no comparison between train fares and bus or other forms of road transportation. According to AFP,…