National Development Finance Corporation

{{Short description|Corporation owned by the Government of Pakistan}}

{{Use Pakistani English|date=August 2024}}

{{Use dmy dates|date=August 2024}}

The National Development Finance Corporation (NDFC) was a corporation owned by the Government of Pakistan, with the original main purpose of providing financing to public enterprises. Later its objectives were expanded to provide financing to private enterprises as well. It was created in 1973 through an Act of Parliament of Pakistan, adopted during the premiership of Zulfikar Ali Bhutto. The NDFC was amalgamated into the National Bank of Pakistan, by the regime of military dictator General Pervez Musharraf in 2001.{{cite news|title=NDFC to be merged with NBP|url=https://www.dawn.com/news/3912/ndfc-to-be-merged-with-nbp-on-thursday|newspaper=Dawn|date=30 October 2001|accessdate=12 August 2024}}{{cite news|title=NA committee discusses NDFC repeal bill|url=https://www.dawn.com/news/372613/na-committee-discusses-ndfc-repeal-bill|newspaper=Dawn|date=5 October 2004|accessdate=12 August 2024}}