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Global Trade Alert

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Pakistan: Multiple bailouts for Pakistan Steel Mills

Description

On 7 September 2013, the Economic Coordination Committee (ECC) of Pakistan approved a Rs. 2.9 billion bailout for the Pakistan Steel Mills (PSM). Out of the total bailout money, Rs.1.5 billion will ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Sep 2013

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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Table

Affected Sectors

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Affected Products

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