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Wednesday, December 25, 2024

Home Business ECC likely to approve small industries’ relief package

ECC likely to approve small industries’ relief package

by News desk
April 27, 2020
in Business

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Staff Reporter

Islamabad

Ministry of Industries and Production will present phase-one of relief package for small industries at the Economic Coordination Committee for approval today (Monday).
In a series of tweets on Sunday, Minister for Industries and Production Hammad Azhar expressed the confidence that millions of small businesses and industries will take benefit from this package after its approval from the ECC and the Cabinet.
He further said that his ministry is also working on a collateral free financing for SME’s for phase two of the relief package. Hammad Azhar informed that phase two will include targeted and prioritized relief measures for sectors mostly hit by Covid-19.