the federal government Thursday said spending by corporates for establishing makeshift hospitals and temporary COVID-19 care facilities would be deemed CSR activities.

Beneath the companies law, definite group of profitable entities have been needed to invest at least two percent of their semi-annual yearly average net profit towards Corporate Social Responsibility (CSR).

“It’s further explained that spending CSR capital for establishing makeshift temporary and hospitals COVID care centers is a qualified CSR activity…,” the organization affairs ministry said in a round Thursday.

The circular comes in a period once the range of coronavirus cases and associated deaths are spat across the nation, together with lots of places seeing shortage of oxygen cylinders for patients.