Jango
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By: Imran Ali Kundi | Published: November 26, 2011
ISLAMABAD - The Cabinet Committee of Restructuring (CCoR) on Friday approved a bank guarantee of Rs 6 billion to ensure working capital for Pakistan Steel Mills (PSM) to bring it out of the crisis.
A meeting of CcoR was held here on Friday under the chairmanship of Federal Minister for Finance and Economic Affairs Dr. Abdul Hafeez Shaikh to discuss various recommendations and improvements for working of PSM and Pakistan Railways.
Rs6b bank guarantee for sick Pakistan Steel okayed | Pakistan | News | Newspaper | Daily | English | Online
The PSM was going to shutdown by Dec 10 had this not been approved. lets see. It is in more of a dire stage than the PIA or Railways IMO.
And they are saying lack of raw material (coal), but Pakistan has it in a substantial amount, then why the shortage.?
ISLAMABAD - The Cabinet Committee of Restructuring (CCoR) on Friday approved a bank guarantee of Rs 6 billion to ensure working capital for Pakistan Steel Mills (PSM) to bring it out of the crisis.
A meeting of CcoR was held here on Friday under the chairmanship of Federal Minister for Finance and Economic Affairs Dr. Abdul Hafeez Shaikh to discuss various recommendations and improvements for working of PSM and Pakistan Railways.
Rs6b bank guarantee for sick Pakistan Steel okayed | Pakistan | News | Newspaper | Daily | English | Online
The PSM was going to shutdown by Dec 10 had this not been approved. lets see. It is in more of a dire stage than the PIA or Railways IMO.
And they are saying lack of raw material (coal), but Pakistan has it in a substantial amount, then why the shortage.?
