Pakistan Post Becomes the Most Profit-Making Public Dept. of the Year – Research Snipers

Pakistan Post Becomes the Most Profit-Making Public Dept. of the Year

Pakistan Post

Pakistan Post is in the headlines everywhere in the country for its improved and quality services. The entity has become the most profit-making public department of the year. It has increased its revenue by 116percent for the financial year 2017-18.

The announcement was made by the Deputy Chief Accountant Officer, he also added that Pakistan Post has taken various steps for reaching that point. The profits of the department have been raised to Rs.14.5billion only this year. This is the highest profit attained by any government department in Pakistan.

Also Read: PM Khan Removes Biometric Verification Condition for Senior Citizens

He also revealed that at a minimum Rs.6billion is yet to be recovered by the department. If the mentioned amount is received a huge amount would then be added to the revenue of the department.

The performance of Pakistan Post has been super good and improved despite a 10percent decrease in the budget. In order to further boost the performance, the department would now aim to form new outlets in the rural areas where only a few parcels are received on a per day basis.

On the other hand, the IT Ministry is working on the development of new cybersecurity policy for Pakistan. As per reports, the policy-making is in the final stages.

More Read: IT Ministry Working on A New Cybersecurity Policy for Pakistan

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