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ECC to approve extension in govt guarantee


ECC to approve extension in govt guarantee
Guarantee for Rs2.1b loan given to Telephone Industries may be extended by two years
ISLAMABAD:
The Economic Coordination Committee (ECC) is likely to approve an extension in government guarantee by two years for a loan of Rs2.1 billion given to Telephone Industries of Pakistan by the National Bank of Pakistan (NBP).
The Ministry of Information Technology and Telecommunication is seeking extension in the loan repayment period for two years.
Earlier, the ECC, while reviewing a summary submitted by the IT ministry, constituted a committee to evaluate the proposal and make recommendations.
The sub-committee met under the chairmanship of IT and telecom minister and discussed many proposals. ....

North West Frontier , Azad Jammu , National Bank , Ministry Of Information Technology , Economic Coordination Committee , Telephone Industries Of Pakistan , Telephone Industries , Information Technology , Finance Division , வடக்கு மேற்கு எல்லை , அசாத் ஜம்மு , தேசிய வங்கி , அமைச்சகம் ஆஃப் தகவல் தொழில்நுட்பம் , பொருளாதார ஒருங்கிணைப்பு குழு , தொலைபேசி தொழில்கள் ஆஃப் பாக்கிஸ்தான் , தொலைபேசி தொழில்கள் , தகவல் தொழில்நுட்பம் , நிதி பிரிவு ,