ECC approves Rs830 mn for Machine Tool Factory

ECC approves Rs830 mn for Machine Tool Factory
Federal Minister for Finance Asad Umar has chaired Economic Coordination Committee (ECC) in Islamabad today (Monday).

During the meeting, funds for Pakistan Machine Tool Factory (PMTF) and pensions for retired employees were approved.

The members also discussed summaries related to establishment of special economic zones and Machike-Tarujabba oil pipeline.

They also deliberated on the ways to provide opportunities to the immigrants and also devised strategy for payment of compensation money to them.

Suggestions to secure investments of companies working under National Industrial Park were also presented while the meeting also reviewed steps taken to address the concerns of the investors.

Earlier, ECC had approved to launch Islamic Sukuk bond amounting to Rs200 billion for the payment of circular debt. The bond will be issued through the consortium of Islamic banks.

The committee had also approved to export additional 500,000 tonnes of wheat.



from Latest News - SUCH TV http://bit.ly/2MP7R1l
Share:

No comments:

Post a Comment

Categories

Ordered List

  1. Lorem ipsum dolor sit amet, consectetuer adipiscing elit.
  2. Aliquam tincidunt mauris eu risus.
  3. Vestibulum auctor dapibus neque.

Sample Text

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation test link ullamco laboris nisi ut aliquip ex ea commodo consequat.

Definition List

Definition list
Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Lorem ipsum dolor sit amet
Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Support

Need our help to upload or customize this blogger template? Contact me with details about the theme customization you need.

Pages