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

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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:

Establishment of Trust Fund to implement risk-sharing facility under 3^rd Tranche of US$ 10 million of credit line if US$140 million obtained from World Bank for Pakistan Mortgage Refinance Company Limited (PMRCL)
Issuance of Direction of Federal Gov’t to State Bank of Pakistan (SBP) to sell its shares in House Building Finance Company Limited (HBFCL)
Demand of Rs 80 million as technical supplementary grant in the budget of finance division for the financial year 2019-20
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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