Payment transaction of 40% to 20 IPPs amounting to Rs. 89.2 billion was equally divided in cash 5 years’ Sukuk and 10 years’ PIBs

Staff Report

ISLAMABAD: In compliance with the directives of the Prime Minister and under guidance of the Finance Minister, the Government has completed the first payment transaction of 40% to 20 IPPs amounting to Rs. 89.2 billion equally divided in cash 5 years’ Sukuk and 10 years’ PIBs.

 Finance Division has completed this transaction in coordination with relevant organizations / departments including State Bank of Pakistan and Power Division.