ISLAMABAD – The Economic Coordination Committee (ECC) of the CabinetThursday approved the proposal of Finance Division, authorizing thegovernment to issue sovereign guarantee amounting to Rs20 billion forinvestment in National Investment Trust (NIT)-State Enterprise Fund.
The step has been taken to stabilize the stock market of the country, saida press statement issued by the Finance Minister after ECC meeting whichwas chaired by Adviser to Prime Minister on Finance, Revenue and EconomicAffairs, Dr. Abdul Hafeez Shaikh.
Meanwhile, Secretary, Ministry of National Food Security and Researchupdated the Committee about the wheat situation in the country.
