08-21-2009, 06:19 PM
<b>Railways continues to suffer heavy losses</b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD : Pakistan Railways is continuously facing economic losses despite the injection of subsidy worth billions of rupees to make it a profitable public sector organisation over the last two years.
The National Assembly was told on Thursday<b>that during 2007-2008 it suffered a loss of Rs12.66 billion which increased to Rs18.609 billion in 2008-2009.</b><!--QuoteEnd--><!--QuoteEEnd-->
Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->