ISLAMABAD: The Economic Coordination Committee (ECC) on Thursday approved the proposal to issue a letter of comfort in favour of Pakistan State Oil (PSO) for raising a loan facility of Rs. The ECC approved the proposal to issue a letter of comfort in favour of PSO for raising a loan facility of Rs. Ministry of Aviation submitted a summary regarding issuance of GoP guarantee in favour of National Bank of Pakistan. Finance division arranged financing facility as loan from National Bank of Pakistan. The ECC further directed to fix the Urea pricing and dealer margin in future with prior approval of the ECC.
