National Development Finance Corporation: Difference between revisions
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{{Short description|Corporation owned by the Government of Pakistan}} |
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{{Unreferenced|date=December 2009}} |
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{{Use Pakistani English|date=August 2024}} |
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{{Use dmy dates|date=August 2024}} |
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The '''National Development Finance Corporation (NDFC)''' was a corporation owned by the [[Government of Pakistan]], with the original main purpose of providing financing to public enterprises. Later its objectives were expanded to also provide financing to private enterprises as well. It was created in 1973 through an Act passed by the [[Parliament of Pakistan]], under the premiership of [[Zulfikar Ali Bhutto]]. It was amalgamated into the [[National Bank of Pakistan]], by the regime of [[Pervez Musharraf|General Pervez Musharraf]] in 2001.<ref>{{cite news|title=NDFC to be merged with NBP|url=https://www.dawn.com/news/3912/ndfc-to-be-merged-with-nbp-on-thursday|newspaper=Dawn|date=30 October 2001|accessdate=12 August 2024}}</ref><ref>{{cite news|title=NA committee discusses NDFC repeal bill|url=https://www.dawn.com/news/372613/na-committee-discusses-ndfc-repeal-bill|newspaper=Dawn|date=5 October 2004|accessdate=12 August 2024}}</ref> |
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==References== |
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'''National Development Finance Corporation''' (NDFC) is based [[Karachi]], [[Sindh]], [[Pakistan]] was founded by [[Zulfikar Ali Bhutto]]. |
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{{Reflist}} |
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{{authority control}} |
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== Achievements == |
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In line with the Prime Minister's aim of promotion of computer literacy. NDFC has established a most modern Computer Training Institute at Nawabshah, which was inaugurated by the Prime Minister Benazir Bhutto on July 13, 1994. This institution has been established with the most modern software tools, using state-of-the-art hardware computer training. |
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A US $ 425 million soft loan for Hub Power Project the largest thermal power project in [[Pakistan]] as well as an approval given for US $110 million as mobilisation payment |
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[[Category:Banks of Pakistan]] |
[[Category:Banks of Pakistan]] |
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[[Category: |
[[Category:2001 mergers and acquisitions]] |
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[[Category:Defunct government departments and agencies of Pakistan]] |
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[[Category:1973 establishments in Pakistan]] |
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[[Category:2001 disestablishments in Pakistan]] |
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[[Category:Government of Zulfikar Ali Bhutto]] |
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[[Category:Pakistani companies disestablished in 2001]] |
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[[Category:Pakistani companies established in 1973]] |
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Latest revision as of 00:28, 13 August 2024
The National Development Finance Corporation (NDFC) was a corporation owned by the Government of Pakistan, with the original main purpose of providing financing to public enterprises. Later its objectives were expanded to also provide financing to private enterprises as well. It was created in 1973 through an Act passed by the Parliament of Pakistan, under the premiership of Zulfikar Ali Bhutto. It was amalgamated into the National Bank of Pakistan, by the regime of General Pervez Musharraf in 2001.[1][2]
References
[edit]- ^ "NDFC to be merged with NBP". Dawn. 30 October 2001. Retrieved 12 August 2024.
- ^ "NA committee discusses NDFC repeal bill". Dawn. 5 October 2004. Retrieved 12 August 2024.
Categories:
- Government-owned companies of Pakistan
- Banks of Pakistan
- 2001 mergers and acquisitions
- Defunct government departments and agencies of Pakistan
- 1973 establishments in Pakistan
- 2001 disestablishments in Pakistan
- Government of Zulfikar Ali Bhutto
- Pakistani companies disestablished in 2001
- Pakistani companies established in 1973