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Global Trade Alert

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Pakistan: Loan guarantees for the state-owned oil and investment company

Description

On 11 August 2022, the Economic Coordination Committee of Pakistan approved a guarantee for a USD 142 million loan taken by the Roosevelt Hotel Corporation (RHC). RHC is owned by the state-owned Pakis...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Aug 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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