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Input Tax Adjustment Disallowed On 778 Goods

Country Director ADB, Mr. Yong Ye, Secretary Finance and senior officers participated in the meeting. The Finance Minister expressed resolve of the present government to uplift the living standard of the underprivileged people in the country especially focusing on socio economic development of the people of Baluchistan. NPMC was briefed on the availability of essential goods at subsided rates at the Sasta and Sahulat bazaar across the country. Of Punjab, KP, Balochistan and Islamabad administration in providing essential items at discounted rates at Sasta and Sahulat bazaars. He also expressed satisfaction on the contribution of Sindh government for providing essential items at discounted rates in Sahulat bazaars. NPMC was briefed on the rising prices of vegetable ghee in the country and informed that YOY prices of palm and soybean oil increased by 49.2% and 72.4% respectively in the global market. The financing may only be availed by companies/customers who are not existing borro...
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Business Development Chief Of Finance

ECC also considered and approved a summary submitted by Finance Division on expansion of Kamyab Pakistan Programme throughout Pakistan. Chairman PPMA shared about the problems being faced by the Pharmaceutical manufacturers particularly the concerns pertaining to refund of sales tax. These unresolved matters result in unnecessary delays and thus impact overall working efficiency of PPMA. The Macro Economic Advisory group recognized that global inflationary tendencies have casted undesirable impact across the globe including Pakistan. The committee comprehensively deliberated on various initiatives that can be undertaken for provision of maximum relief to the public. These initiatives specifically aim at resolving the economic constraints of middle and lower economic strata of the society. Individuals pursuing this degree will be able to acquire positions in high growth jobs in leading Commercial Banks and Financial Companies. These individuals can also start their own business or l...
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