You are here

Cabinet to cover NEPCO’S JD50 million loan

By Petra - Apr 13,2014 - Last updated at Apr 13,2014

AMMAN — The Cabinet on Sunday decided to issue JD50 million worth of treasury bonds to cover a loan, due on April 30, from the Jordan Islamic Bank to the National Electric Power Company (NEPCO).

Also during Sunday’s meeting, the Council of Ministers approved a recommendation by the public sector development minister to draft regulations for granting annual allowances and promotions to public employees seconded to privatised companies after they return to public firms.

27 users have voted.


Get top stories and blog posts emailed to you each day.