loans

Maximum size of general loans has also been enhanced from Rs150,000 to Rs350,000

New loans contracted to pay $10b maturing debt and cushion reserves

Govt attempts to restructure bank through ‘supra body’ of former bankers

Businesses and households could request for the deferment of their loans and advances for a period of one year

Money acquired to build foreign currency reserves and repay loans

ECC likely to approve cash support in its meeting today

It comes with waning resilience of small banks, pressure on insurance firms

Tax exemptions made in favour of charitable organisations

The money will be used to service maturing external public debt

APPSMA demands assistance to survive two-month long closure