Sunday , March 8 2026

Committee to review liabilities, pension costs of PTV, PBC, APP, SRBC

Aftab Maken

ISLAMABAD: The federal government has moved to address the mounting financial and pension-related challenges of state-run media entities under the Ministry of Information and Broadcasting (MoIB).

According to an official meeting notice dated November 4, 2025, a sub-committee has been formed to evaluate the pending liabilities and employee benefits of Pakistan Broadcasting Corporation (PBC), Pakistan Television Corporation (PTVC), Associated Press of Pakistan Corporation (APP), and Shalimar Recording and Broadcasting Company (SRBC).

The committee’s formation follows directives from the Prime Minister during a meeting held on October 24, 2025, calling for a comprehensive review of financial obligations across all media organizations operating under the MoIB.

The sub-committee, chaired by Additional Secretary MoIB, will focus on five key areas: reviewing financial projections for all four entities, calculating current and future pension liabilities, developing proposals for golden handshake or severance schemes similar to those implemented at the Utility Stores Corporation, compiling lists of commercially usable assets, and exploring privatization or outsourcing options under the public-private partnership (PPP) model.

According to ministry sources, the move signals the government’s renewed focus on restructuring loss-making public media entities through financial reforms, possible privatization, and improved pension management — a step that may set the direction for future media-sector reforms in Pakistan.

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