Divided Over Serving

Whereas CPI for Month-on-Month basis remained at -0.02 % in December 2021, however it was 3.0% in November 2021. The NPMC was briefed on the availability of essential goods at subsidized rates at the Sastaa & Sahulat Bazaars across the country. He also advised Government of Sindh and the Baluchistan to extend Sastaa Bazaars for the welfare of the general public. On the prices of edible oil in the country, Secretary Ministry of I&P informed the meeting that appropriate strategy is being chalked out against the edible oil manufacturers to address the issue of charging higher prices from domestic consumers relative to prices in the international market.

Consumer Finance

The team also highlighted about the PM’s motive for ‘Investment in Sustainable Infrastructure’ and commended the efforts of current government in this regard. Federal Minister for Finance and Revenue Mr. Shaukat Tarin, presided over a meeting on Low Cost Housing at Finance Division today. Chairman NAPHDA, Lt. Gen Anwar Ali Hyder, Governor SBP and other senior officers attended the meeting. It was apprised that prices of eggs decreased by Rs. 32 per dozen during last 6 weeks and overall there is improvement in market supply of eggs, onions, potatoes and tomatoes. But it was ensured that the prices of chicken will be back to normal price in near future.

And required steps are being undertaken for easing out the loan disbursement process along with greater access and transparency. The chair directed M/o Commerce to formulate a viable plan for price determination of potatoes. The Chair re-directed Ministry of NFS&R to expedite the process to formulate forecasting unit for major and minor crops for timely decision making. Mr. Mohammad A. M. Al-Fares shared that Kuwait greatly values its bilateral relations with Pakistan. Both sides promised to enhance these bilateral ties in various areas including investment, trade and business.

In the follow-up meeting, Chairman PPMA thanked the Finance Minister for addressing the problems being faced by the Pharmaceutical manufacturers and further apprised the chair of the pending issues related to refund of sales tax on APIs. Ministry of Planning, Development and Special Initiatives submitted a summary regarding revised standardize pay packages for the staff directly recruited under development projects. The ECNEC after due deliberation approved to enhance the Project Pay Scale at rate of 75%.

Mobilink Microfinance Bank

HBFC plans to make this drive a continuous activity in the future and is committed to plant more trees in different areas across the country. There are a number of pathways to choose from including audit, taxation, budget analysis, financial accounting and management accounting. Syllabus coverage of the courses allows the students not only to attain the BS degree but also to attempt ACCA papers, within the 4 years. At the end of this time period, a candidate may become a graduate and a professional qualification holder. ACCA offers exemption of first 9 papers to the graduates of UCP, BS Accounting and Finance Programme. This is the first degree in Pakistan provided by the University of Central Punjab that has been awarded with exemption of 9 papers of ACCA .

As Foreign Minister

This product is used for the financing of assets such as plant, machinery, generators, equipment etc. In this transaction, the customer and Bank jointly purchase an asset and create joint ownership in the asset. The Bank then leases its share in the asset to the customer while the customer purchases units of ownership in the asset from the Bank at periodic intervals. This product is used for financing of fixed assets such as land, factory and building etc.