Global Trade Alert
Global Trade Alert

Pakistan: Multiple bailouts for Pakistan Steel Mills

Announcement

07 Sep 2013

In September 2013, the government of Pakistan announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

07 Sep 2013

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

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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