pakistan railways

State-Owned Enterprises Losses Analysis

State-Owned Enterprises Losses Analysis

State-Owned Enterprises Losses Analysis “State-Owned Enterprises Losses Analysis” reveals significant inefficiencies and operational issues within the sector. On Friday, the government announced that 15 state-owned enterprises (SOEs) accounted for 99.3% of cumulative losses during the first six months of FY24. These losses highlight widespread inefficiencies within the SOE sector. Cumulative Losses Breakdown In absolute terms, […]

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Pakistan Railways Procurement Challenges

Pakistan Railways Procurement Challenges

Pakistan Railways Procurement Challenges Facing strong objections from the finance and planning ministries, Pakistan Railways (PR) seeks a 130% increase in the procurement cost for approximately 1,050 bogies, raising the total cost to Rs71 billion. This rise primarily reflects currency depreciation and updated technical specifications. Recently, PR presented its revised case for increasing the procurement

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