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.

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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