Tag Archives: financial crisis

Industrialists and business leaders have called for urgent reforms to revitalize the Pakistan Post Office, a once-prominent institution now struggling with severe financial and operational challenges. The Post Office, despite providing essential services such as communication, remittances, and postal deliveries, is on the brink of collapse due to prolonged neglect, mismanagement, and corruption. Muhammad Farooq Shaikhani, President of the Hyderabad …

Introduction: Pakistan International Airlines (PIA), once a symbol of national pride, finds itself grappling with an overwhelming financial crisis. Recent reports reveal that PIA’s overall losses are projected to exceed Rs800 billion by the end of the current year, creating a daunting challenge for the airline. In a recent briefing to the prime minister, possible reforms and strategies were discussed …