fbpx mmnews
Archive

sukkuk

Which national assets have been mortgaged in the past?

The Pakistan government will be mortgaging the country’s major airports and road network and issuing Sukuk bonds. Federal Information Minister Fawad Chaudhry announced after a cabinet meeting has approved a summary to mortgage government assets for large-scale borrowing through issuance

Govt to mortgage Islamabad’s biggest park to get Rs500bn loan

ISLAMABAD: The federal government is considering mortgaging Islamabad’s biggest park in F-9 sector to secure a loan of around Rs500 billion. The proposal has been included in the agenda of the meeting of the federal cabinet scheduled to be held