Govt Open to Selling Pakistan Post, Firing Staff

Pakistan Post may fire employees as the administration considers workforce reductions to cut the department's annual losses.

Key points

• Pakistan Post at present operates 9, 707 units nationwide, including 2, 887 departmental post offices, 6, 735 extra-departmental offices and 85 formations.
• While figures presented to the Senate listed a provincial staff strength of 15, 051, pakistan Post employs around 22, 000 individuals.
• Responding to a question from Senator Shahadat Awan, Aleem Khan remarked the administration was examining options to reduce the postal service's financial burden.
• Minister remarked the administration is preparing a policy to reduce operating costs, with privatization additionally under consideration.
• The administration is considering workforce reductions as one of the measures to control spending.

While figures presented to the Senate listed a provincial staff strength of 15, 051, pakistan Post employs around 22, 000 individuals. Employee-related expenses are among the major contributors to the department's operating costs. Rupee to Achieve New Record Against Dollar Shortly.

Responding to a question from Senator Shahadat Awan, Aleem Khan remarked the administration was examining options to reduce the postal service's financial burden. A detailed restructuring plan will be presented to the Senate.

For context, the administration is considering workforce reductions as one of the measures to control spending.

Pakistan Post's annual losses stand at around Rs. 12 billion before accounting for extra pension expenses. Including these costs could push the total to between Rs. 18 billion and Rs. 19 billion.

In practice, the restructuring policy will determine how the administration intends to reduce costs while maintaining postal services. Stay Connected with ProPakistani.

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For now, govt Open to Selling Pakistan Post, Firing Staff remains the part of the story worth watching, and further updates are likely as more details are confirmed.