Nepal Airlines has sent a letter to two of the state-owned provident funds, the EPF and the Citizen Investment Trust (CIT) requesting them to waive off the interest and penalties on their outstanding loans along with increasing the tenure. “Due to the global coronavirus, the corporation’s business has also been adversely affected, and the corporation has sent a request letter to the Employee Provident Fund (EPF) and the Citizen Investment Fund (CIF) to assist by waiving interest, damages and penalties for the affected period and facilitating the payment of debt obligations by increasing the number of instalments,” the airline said

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