ECC to discuss establishment of trust fund under 3rd tranche of $10 mln for PMRCL
MG News | January 29, 2020 at 10:21 AM GMT+05:00
January 29, 2020 (MLN): A meeting of Economic Coordination Committee of the cabinet is scheduled to take place today, i.e. January 29, 2020, at Cabinet Division, wherein the following important agenda points will be discussed:
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Establishment of Trust Fund to implement risk-sharing facility under 3rd Tranche of US$ 10 million of credit line if US$140 million obtained from World Bank for Pakistan Mortgage Refinance Company Limited (PMRCL)
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Issuance of Direction of Federal Gov’t to State Bank of Pakistan (SBP) to sell its shares in House Building Finance Company Limited (HBFCL)
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Demand of Rs 80 million as technical supplementary grant in the budget of finance division for the financial year 2019-20
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Technical supplementary grant amounting to Rs 100 million for centralized Procurement of ICT infrastructure to ensure E-readiness of Fed Gov’t for implementation of E- Gov’t Program
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