Pakistan Post launches several projects to achieve sustainable growth

ISLAMABAD, Jun 9 (APP): The Pakistan Post has launched several initiatives to achieve the economic and social development of Pakistan through postal services.

According to Economic Survey 2021-22 announced here on Thursday, the services include domestic and International Postal Services, Financial Services, Postal Life Insurance Company Limited and Savings Bank, collection of utility bills, disbursement of funds and Foreign Remittances Payment.

Pakistan Post has recently taken important initiatives to provide the most efficient postal services to the people of Pakistan which include Same Day Delivery Service,
Electronic Money Order (EMO), Pakistan Post Mobile App, EMS (Plus) which is a specialized service for export sector and it aimed to ensure delivery of parcel and packets worldwide in 72 hours, Pakistan Post-HBL Alliance for deployment of Hardware and Software.

Pakistan Post and NADRA had signed an agreement for “Renewal/Modification of CNIC through Post Offices” on 20th June, 2017. Collaboration between Pakistan Post and M/S Khushali Microfinance Bank Limited Pakistan Post had earned Rs 2,606,425 as rent of space provided to M/s Khushali Microfinance Bank Limited (KMBL) and disbursed Rs 57,567,461/ recovered Rs 79,974,368 to KMBL clients on commission of Rs 70/. The total commission earned on disbursement/recovery of KMBL loan is Rs 1,655,819.
The Pakistan Post and KMBL had recently agreed upon increase in rent of space provided to KMBL and addendum of agreement has been issued. Transaction Advisor for Up-Gradation/Revamping/Re-Engineering of Pakistan Post Logistics Express and Mail Business on PPP Basis Pakistan Post has hired a qualified Transaction Advisor to assist Pakistan Post in developing, structuring and procuring the Project on PPP basis.