Categories: Business

Private credit off take reached to Rs 911 bln: Tarin

F.P. Report

ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin here on Saturday said private credit off take during the period from July-March 11, 2022 was recorded at Rs 911 billion against Rs. 357 billion of same period last year.

He said the substantial increase was indicating robust economic activity. Meanwhile, the government had retired Rs 291 billion to State Bank of Pakistan, creating room for private sector, he added.

Finance Minister approves tax relief of 10% on import of edible oil: Finance Minister Shaukat Tarin has approved tax relief of ten percent on import of edible oil for the next two months.

He approved the tax relief at a meeting in Islamabad keeping in view the increase in the prices of edible oil in the international market.

The step has been taken to ensure smooth supply of edible oil to consumers.

The Frontier Post

Recent Posts

Afghan CG in Mumbai resigns

KABUL (Ariana News): Zakia Wardak, Afghanistan’s consul general in India’s Mumbai city, resigned on Saturday,…

8 mins ago

IEA, Indonesia strengthen ties through diplomatic talks

KABUL (BNA): In a diplomatic meeting, Naqibullah Ahmadi, the acting ambassador of the Islamic Emirate…

8 mins ago

SIGAR: US provided over $17b to Afghanistan since political change

KABUL (TOLOnews): Special Inspector General for Afghanistan Reconstruction (SIGAR) said in its latest report that…

8 mins ago

Afghan surgeon wins international award

KABUL (TOLOnews): The head of the National Examination Authority, Abdul Baqi Haqqani, said that it…

9 mins ago

Railway project expected to be completed by end of 2027: Official

KABUL (Ariana News): The Trans-Afghan railway project is expected to be completed by the end…

9 mins ago

Nargis masters beadwork, finds contentment in earning

KABUL (Khaama Press): Earning a living through “needlework” has engaged Nargis since six months ago.…

9 mins ago

This website uses cookies.