Government of Pakistan
Islamabad, the 30th September, 2015.
Section Officer (GS-I). Ph: 051-9204700
To: The Controller General of Accounts,
SUBJECT: RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2014-15.
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:-
- Cash Development Loans to the Provincial Governments.
- Loans to local bodies, financial and non-financial institutions and other
- Capital outlays of the Federal Government in the commercial departments.
|Fiscal Year||Final Rates of Mark-up
- In case of loans and advances for purchase of Conveyance and House Building, the final rate of mark-up, i.e. 53% per annum, has been fixed for the Fiscal Year 2014-15.
- This issues with the approval of Finance Secretary. Yours faithfully,