LAHORE: Printing Corporation of Pakistan is currently facing extreme financial troubles and has demanded a bailout package of Rs 6.3 million from the government.
Printing Corporation has told the government that they are in such a miserable state in terms of finances that they couldn’t even pay pensions and salaries of last 2 months.
The corporation has demanded an amount of Rs 6.3 million from the government so that they can proceed with payment of salaries and pensions.
The salary budget is around Rs 2 million whereas more than Rs 1 million is required to pay pensions.