Railway deficit;  4 to 5 billion bailout package required, CEO

In the last 2 years, due to floods and Corona, the railways faced financial loss. Photo: File

Lahore: CEO Railways has said that a bail package of 4 to 5 billion is needed to clear the backlock in the railways.

CEO Railway while talking to the media at the Railway Headquarters said that the Railways is facing a financial deficit, a bailout package is needed to reduce the financial deficit, due to floods and Corona in the last 2 years, the Railways has suffered financial loss. A loss was incurred.

Also read: Railway deficit 333 billion rupees record, auditor general report opened pool

He said that the bail package of 4 to 5 billion is needed to clear the backlock in the railways, the design on ML 1 will be completed by November 8.

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