No.F.8(2)GS-I/2018-833, Islamabad, the 17th November, 2022.

SROS: No.F.8(2)GS-I/2018-833, Islamabad, the 17th November, 2022. RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2021-22. No.F.8(2)GS-I/2018-833 Government of Pakistan Finance Division (Budget Wing) *** Islamabad, the 17th November, 2022. From: Mariya Farheen, Section Officer (Borrowing). Ph: 051-9204700 To: The Controller General of Accounts, Islamabad. SUBJECT: RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2021-22. 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:- (i) Cash Development Loans to the Provincial Governments. (ii) Loans to local bodies, financial and non-financial institutions and other Corporations. (iii) Capital outlays of the Federal Government in the commercial departments. Fiscal Year Final Rates of Mark-up (Per Annum) 2019-20 12.20% 2020-21 10.30% 2021-22 11.20% 2. In case of loans and advances for purchase of Conveyance and House Building, the final rate of mark-up, i.e. 11.20% per annum, has been fixed for the Fiscal Year 2021-22. Yours truly, (Mariya Farheen) Section Officer (Borrowing) Ph:051-9204700 Copy to:- 1. President's Secretariat (Public), Islamabad. 2. Prime Minister's Office (Public), Islamabad 3. National Assembly Secretariat, Islamabad. 4. The Senate Secretariat, Islamabad. 5. The Election Commission of Pakistan, Islamabad 6. The Supreme Court of Pakistan, Islamabad. 7. The Auditor General of Pakistan, Office of the Auditor General, Islamabad. 8. The AGPR, Islamabad. 9. All Federal Ministries/Divisions. 10. The Finance Secretary, Government of the Punjab/Sindh/Khyber Pakhtunkhaw/ Balochistan /Gilgit Pakistan, Lahore, Karachi, Peshawar, Quetta and Gilgit. 11. The…