MOIP to table in ECC phase one of "chota carobar imdad package": Hammad
Last updated on: 26 April,2020 07:48 pm
He said ministry was also working on a collateral free financing for SME’s for the relief package
ISLAMABAD (Web Desk) – The Ministry of Industries and Production (MOIP) on Monday shall table in Economic Coordination Committee (ECC), the phase one of “chota carobar imdad package”.
This was said by Federal Minister for Industries and Production Hammad Azher in his tweet here on Sunday.
He said millions of small business and industries would benefit from this package once it was approved by ECC and cabinet.
The ministry is also working on a collateral free financing for SME s for phase 2 of the relief package. That phase would also include targeted/prioritised relief measures for sectors most hit by Covid-19. 2/2
— Hammad Azhar (@Hammad_Azhar) April 26, 2020He further said in his tweet that the ministry was also working on a collateral free financing for SME’s for phase two of the relief package.