Trading Corporation faces severe financial crisis

ISLAMABAD: Owing to non-payment of dues by the country’s four provinces, Azad Jammu and Kashmir (AJK), Gilgit-Baltistan (G-B) and other institutions, the Trading Corporation of Pakistan (TCP) is facing the threat of bankruptcy.The dues of commercial banks owed by the TCP stand at more than Rs113 billion. To solve the financial crisis, the Commerce Division has […]