Privatisation minister urges fiscal discipline to rescue ailing postal service

Expressing deep concern over the financial mismanagement of Pakistan Post, Privatisation Minister Abdul Aleem Khan has urged the department’s management to abolish all vacant positions, cut unnecessary expenses and increase revenue to ensure the institution’s survival. “Day and night efforts are needed to prevent the collapse of Pakistan Post,” Mr Khan said while chairing a meeting of the ‘Focal Group of Communications’ in Islamabad on Tuesday. He directed the postal service’s management to develop an emergency financial plan to stabilise the department. The minister highlighted the government’s intention to make state institutions self-sufficient by reducing excess expenditure, stressing that entities with costs exceeding their income are bound to fail.