Pakistan Post to become largest banking network by December 2020: Murad

Published: 09:59 PM, 10 Feb, 2020
Pakistan Post to become largest banking network by December 2020: Murad
Caption: –File photo of Murad Saeed
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The National Assembly was informed on Monday that Pakistan Post will become the largest banking network of the country by December this year.

Replying to a question during the Question House in lower house of the parliament today, Minister for Communications Murad Saeed said network of Pakistan Post has been linked with 15,000 kiosks of Nadra for bio-metric verification and it will be helpful in disbursing remittances, Ehsaas program payments and other essential services.

The Minister said in last week of this month, a home delivery service will be introduced by Pakistan Post and 125,000 franchise post offices will be set up in 2 years that will provide employment to a large number of people.

Murad Saeed said a loss of 52 billion rupees of Pakistan Post has been brought down due to reforms taken by the incumbent government. He said these include introduction of live tracking of shipments, EMS plus survey for sending parcels to any destination in the world in 72 hours, entry into e-commerce sector, tapping the financial tech market of 200 billion rupees market, using network of 12000 post offices in the country to deliver remittances at no charge, same day delivery in major cities of Pakistan, and improvement in UMS Service.  He said so far no private courier company is registered with Pakistan Post but a bill in this regard has been passed in Senate and presented in National Assembly to bring these organizations into mainstream.

Parliamentary Secretary Andleeb Abbas in response to a question said the OIC has been extremely active and vocal in its support for Pakistan regarding the Jammu and Kashmir cause.

She said the Kashmir issue was effectively highlighted and all members of the organizations stand with Pakistan’s stance in the wake of illegal and unilateral action of 5th August by India. The OIC has always been one of the foremost and premier multi-lateral forums and it has raised the plight of brave Kashmiri people. 

Andleeb said in the humanitarian domain, Pakistan has been drawing attention to the gross human rights violations being perpetrated by Indian occupation forces in Occupied Kashmir.