Pakistan Broadcasting Corporation (PBC) management has sent a request to the finance ministry seeking Rs1.7 billion (US$18.9 million) bailout package to overcome its financial woes.
According to sources, the government had approved Rs4 billion for PBC in 2011-12 budget but the ministry released just Rs2.1 billion. They said the management had also sought creation of posts to absorb nearly 1,100 persons recruited during the Musharraf regime. However, the proposals have failed to produce any results. The sources blame recruitments during that period for the present situation prevailing in the organisation.
(Source : Media Network Weblog)
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