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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).
NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June 2022and mid-April 2024.
The flag carrier of Nepal took a loan of Rs 34 billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs 12 billion from the CIT and Rs 22 billion from the EPF.
They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in 2015 and from the Citizen Investment Trust in 2017.
The NAC has to repay the loan in 15 years.
The NAC said that it has more than Rs 48 billion in debt obligations including interest on the loans taken from these two companies.
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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p> </p>
<p> </p>
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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p> </p>
<p> </p>
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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p> </p>
<p> </p>
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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> </span></span></p>
<p> </p>
<p> </p>
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include - APP/View/Elements/side_bar.ctp, line 133
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'title' => 'NAC Pays Debt of Rs 5.36 Billion',
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'summary' => 'April 15: Nepal Airlines Corporation (NAC) has paid Rs 5.36 billion in principal and interest of the loan taken for the purchase of aircraft.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">April 15: Nepal Airlines Corporation (NAC) has paid Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">5</span><span style="font-family:"ekmukta","serif"">.</span><span style="font-family:"Arial Unicode MS","sans-serif"">36</span> <span style="font-family:"ekmukta","serif"">billion in principal and interest of the loan taken for the purchase of aircraft. The state-owned airline company paid the amount to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">NAC spokesperson Ramesh Paudel informed New Business Age that the amount was paid between mid-June </span><span style="font-family:"Arial Unicode MS","sans-serif"">2022</span> <span style="font-family:"ekmukta","serif"">and mid-April </span><span style="font-family:"Arial Unicode MS","sans-serif"">2024. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The flag carrier of Nepal took a loan of Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">34</span><span style="font-family:"ekmukta","serif""> billion from that the two companies to buy four aircraft (two narrow body and two wide body aircraft) for international flights. The NAC borrowed Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">12</span><span style="font-family:"ekmukta","serif""> billion from the CIT and Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">22</span><span style="font-family:"ekmukta","serif""> billion from the EPF. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">They had given loans to the NAC under the guarantee of the government. The NAC obtained a loan from the Employees Provident Fund in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2015 </span><span style="font-family:"ekmukta","serif"">and from the Citizen Investment Trust in </span><span style="font-family:"Arial Unicode MS","sans-serif"">2017</span><span style="font-family:"ekmukta","serif"">. </span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC has to repay the loan in </span><span style="font-family:"Arial Unicode MS","sans-serif"">15</span><span style="font-family:"ekmukta","serif""> years.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The NAC said that it has more than Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">48 </span><span style="font-family:"ekmukta","serif"">billion in debt obligations including interest on the loans taken from these two companies.</span></span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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