The government has increased the existing line of credit of Pakistan Railways to Rs. 2 billion through Pakistan State Oil (PSO).According
to a letter issued by Finance Division here on Saturday, this decision
has been taken by keeping in view the financial constraints faced by
Pakistan Railways.Ministry
of Railways, Pakistan State Oil, and Ministry of Petroleum and Natural
Resources has been informed accordingly, says a statement issued by the
Ministry of Finance here.
It may be mentioned here that the
issue was discussed in detail during a meeting held on August 4, 2011 by
the Finance Minister Dr. Abdul Hafeez Shaikh in the chair. APP
