ISLAMABAD: The federal government has so far provided about Rs. 120 as the financial assistance to Pakistan Steel Mills.
This was revealed by the federal minister for industries and production Ghulam Murtaza Jatoi while replying various queries in the national assemblies.
The government has give four bail out packages during 2009 to 2012, the minister further said referring to the regime of Pakistan Peoples Party.
At present, the steel mills has been suffering from Rs. 60 to 70 million, the minister said and added that over Rs 60 billion loss has to be born during 2008 to 2012,