In a welcome development, Nepal Airlines Corporation (NAC) has taken a significant step towards alleviating its financial woes by paying more than Rs 554 million to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).

KATHMANDU, July 18: The national flag carrier, Nepal Airlines Corporation (NAC), has paid back Rs 830.95 million to the Employees Provident Fund and Citizen Investment Trust.