Prime Minister Imran Khan has entrusted Minister of State for Communications Murad Saeed with the gigantic task of revamping the deteriorating state-run Postal Services, which is currently facing a huge loss of over Rs 10 billion per annum.
A notification of the Cabinet Secretariat/Cabinet Division stated: "In terms of the Rule 3(4) of the Rules of Business, 1973, the Prime Minister has been pleased to allocate with immediate effect the additional portfolio of Postal Services to Minister of State for Communications Murad Saeed."
The official sources told Business Recorder that Pakistan Post has started work to revamp its offices across the country through its own financial resources to improve its efficiency of services.
Further a comprehensive plan has been evolved to improve delivery of services and embrace digital financial technologies and financial services. Mobile money solution and logistic projects are on the cards to be launched in a public-private partnership and the restructuring of the Pakistan Post is in its final stages.
However, Pakistan Post is facing a deficit of around Rs 10 billion per annum due to mismanagement and irregularities, which would be a big challenge for the new minister, sources added.
Saeed is being considered as one of the most active members of the present cabinet, who not only generated over Rs 150 million by auctioning 134 vehicles of National Highway Authority (NHA) but also launched an anti-encroachment drive and has regained 2,665 marlas of land along its right of way from the encroachers worth Rs 1.158 billion.
Likewise under the aforesaid campaign, the NHA has planted more than 38,850 saplings with its network under Saeed's supervision. Furthermore, the NHA has cleared 3,291 kilometers road portions so far under the 'Clean and Green Pakistan' drive.