ECC allocates $8m from NBP for Roosevelt hotel expenses

MG News | May 24, 2024 at 10:26 AM GMT+05:00

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May 24, 2024 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Thursday allowed the utilization of $8 million available with the National Bank of Pakistan (PSX: NBP) to pay severance and other operational expenses of the Roosevelt Hotel.

The summary regarding the aforementioned matter was presented by the Ministry of Aviation.

The Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb, also presided over the meeting of the Committee at the Finance Division, along with other ministers, federal secretaries, and senior officials.

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