Pakistani state broadcaster PTV’s financial woes

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PTV
PTV

The Pakistani state broadcaster, PTV’s financial woes are said to be contuning.

It was reported by The Express Tribune, the channel is facing a loss of Rs. 1.2 billion since 2013. The report adds that the broadcaster’s financial losses spiraled in 2013 – 2014, getting worse in 2015. Up until 2013, the channel was in profit by up to Rs. 219 million.

Pakistan’s Information & Broadcasting Division Secretary, Imran Gardezi was disappointed with the reported loss. He revealed that the broadcaster spends 70% on human resources, while only 30% of the budget is spent on programming.

Gardezi is concerned that the troubles could deepen further if the budgets on the channel are not spent correctly.

Keep it with BizAsiaLive.com for more.

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