The federal cabinet on Tuesday examined the account of the Pakistani Muslim League-Nawaz (PML-N) and anti-government movement and opposition public rallies according to the media report. The meeting chaired by Prime Minister Imran Khan also discussed the issue of rising sugar and flour prices and inflation.
Federal Planning, Development, Reforms and Special Initiatives Minister Asad Omar said in the briefing that importing wheat would make flour cheaper.
The cabinet also decided to launch a crackdown on those implicated in the increase in sugar prices. Minister of Railways Sheikh Rasheed Ahmed presented a plan for rehabilitation and reconstruction of railways and employee retirement at the meeting. He said the rehabilitation of the Karachi Circular Railway would be completed in three phases.
Later, the cabinet approved the railway rehabilitation plan.
Approving the Federal Cabinet on the performance of Pakistan International Airlines (PIA), it was informed that in 2019 PIA made a profit of 7.8 billion rupees while in 2018 it suffered a loss of 19, 8 billion rupees. The national carrier’s revenues increased by 42.5% compared to revenues generated last year.
In 2018, PIA’s operating loss was Rs 32 billion, while the national carrier’s operating loss fell by 7.7% in 2019.
PIA’s operating loss improved by 75% compared to the previous year.
Praising the CEO of the national airline, Prime Minister Imran Khan said the national carrier was heading for improvement. He also led the restructuring of PIA.
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