APNS demands early payment of ad dues -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

APNS demands early payment of ad dues

KARACHI: The All Pakistan Newspapers Society (APNS) has stated that the matter related to the long outstanding dues of its accredited advertising agencies against various federal government departments and ministries for advertisements released by them in the print media during the period July 1, 2000 to June 30, 2008 needs to be resolved at the earliest.

In a press release it said despite various requests by the advertising agencies and the APNS, the federal government has failed to clear these dues. The APNS is under obligation to help the advertising agencies to recover their long outstanding dues and has therefore requested the federal government from time to time to allocate special funds in this respect as non-payment of the dues is having an adverse affect on the economies and financial health of the print media.

The APNS further clarified that is has never asked for relaxation of any rules and has always insisted for payment of only those outstanding bills which were duly received by the PID during these eight years and have been duly verified by them. Further these bills must be substantiated by relevant DROs issued by the PID and the concerned client department.

The APNS believes that if a (DRO) Departmental Release Order is issued by PID it is the liability of the federal government to clear the payments against such DROs.

The APNS is grateful to the Prime Minister of Pakistan Yusuf Raza Gilani for graciously allocating special grant to clear these long over due liabilities. The APNS believes that clearance of these outstanding dues will be a great help to the newspapers and the advertising industry.
Source: The News
Date:6/19/2011