Rate Of Mark-up Chargeable On Development Loans And Advances By The Federal Government For The Fiscal Year 2022-23

GOVERNMENT OF PAKISTAN
FINANCE DIVISION
(Budget Wing)

No. F.8(2)GS-l/2018-1718                                                     

Islamabad, the 27^th September, 2023

OFFICE MEMORANDUM

Subject:    RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2022-23

Dear Sir,

I am directed to state that the following final rates of mark-up chargeable on the following categories have been fixed by the Federal Government:-

1. Cash Development Loans to the Provincial Governments.
2. Loans to local bodies, financial and non-financial institutions and other Corporations.
3. Capital outlays of the Federal Government in the commercial departments.

Fiscal Year	Final Rates of Mark-up (Per Annum)
2020-21	10.30	%
2021-22	11.20	%
2022-23	15.58	%

2.                            In case of loans and advances for purchase of Conveyance and House Building, the final rate of mark-up, i.e. 15.58 % per annum, has been fixed for the Fiscal Year 2022-23.

Assistant Accounts Officer

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