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Credit ceiling of Pakistan Railways increased to PKR 2 billion
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Tuesday, 23 Aug 2011
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APP reported that the government has increased the existing line of credit of Pakistan Railways to PKR 2 billion through Pakistan State Oil.

According to a letter issued by Finance Division, this decision has been taken by keeping in view the financial constraints faced by Pakistan Railways.

Ministry of Railways, Pakistan State Oil and Ministry of Petroleum and Natural Resources has been informed accordingly.

(Sourced from Associated Press of Pakistan)

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