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Global Trade Alert

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Pakistan: Financial grant to Pakistan State Oil Company Limited to clear its outstanding payments

Description

On 31 July 2022, the Economic Coordination Committee approved a PKR 30 billion (approx. USD 125 million) supplementary grant in favour of Pakistan State Oil Company Limited (PSOCL). The grant has been...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Jul 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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