Etisalat to Deduct $73 Million for Properties | InfoZonePK

Etisalat and Govt. of Pakistan are soon to resolve the long pending payment dispute of $800 million, reported Khaleej Times, citing Dr. Mirza Ikhtiar Baig, advisor to Pakistan’s prime minister on the textile and chairman of Pak-UAE Business Council.

Dr. Mirza said in an interview that, “We proposed an out of the box solution to this longstanding dispute and hopefully the issue will be resolve soon.”

This news surfaced only days after State Bank of Pakistan warned of financial instability of Govt of Pakistan fails to raise funds. Pakistan i eying $800 million from Etisalat and another $1 billion from 3G auction to save its credit situation.