PNSC makes payment of Rs4bn for Prime Minister's Austerity Fund
MG News | March 25, 2026 at 03:56 PM GMT+05:00
March 25, 2026 (MLN): Pakistan National Shipping
Corporation (PSX:PNSC) has released a Rs. 4 billion payment under Corporate
Social Responsibility (CSR) to the Prime Minister's Austerity Fund 2026,
established in response to the prevailing situation in the country.
The state-owned shipping giant's Board of Directors convened
an emergent meeting on 20th March 2026 after receiving a letter from the
Ministry of Maritime Affairs (MOMA) regarding a Federal Cabinet decision dated
19th March 2026.
The board approved the release of funds, citing the public
at large as the beneficiary.
The aforementioned information was disseminated
through a notification to Exchange.
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