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.

NAC pays Rs 730 million to EPF and CIT

October 18, 2022 19:00 pm

KATHMANDU, Oct 18: Nepal Airlines Corporation (NAC) has paid more than Rs 730 million towards the installment of debt obligations it owed to the Employees Provident Fund (EPF) and Citizen Investment Trust (CIT).