ISLAMABAD: With its net deficit for the fiscal year 2024-25 going beyond Rs318 billion, the aggregate losses and loans of the National Highway Authority (NHA) have crossed Rs1.82 trillion and Rs3.1tr, respectively, while its annual revenues stand at a mere Rs54.15bn.

The NHA’s total assets, valued at Rs5.8tr, have been declining for the past two years, down from Rs5.9tr in FY22 and Rs5.84tr in FY23.

In a written statement to the National Assembly, Communications Minister Abdul Aleem Khan put the NHA’s net deficit for FY24 at Rs318.03bn, down 23 per cent from Rs413bn a year earlier, but almost double the deficit in FY22.

The minister also pointed out that the federal government was providing development funds to the NHA annually in the form of a cash development loan through the Public Sector Development Progra­mme (PSDP) at a specified markup rate.

Aggregate losses cross Rs1.82tr, debt soars to Rs3.1tr

Therefore, the “net deficit........

© Dawn Business