Search For "mounting losses"
Pakistan's road lifeline sinks deeper into debt despite higher tolls
Updated : 2 months, 1 week ago IST
Pakistan's highway authority has become the federal government's largest financial burden, with losses exceeding PKR 2 trillion and liabilities nearing PKR 3.1 trillion, Dawn reported. Despite higher toll revenues and fresh government loans, deficits persist as rising interest costs, expense
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Mounting losses, piling debt crippling Pakistan International Airlines: Re
Updated : 3 years, 1 month ago IST
Recently, a Pakistan News outlet ARY News stated that PIA has tax debts amounting to over Rs 400 billion (USD 1.4 billion). The carrier had also recently asked for a government bailout to the tune of Rs 45 billion (USD 157 million).
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