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Abid Sattar, President & CEO, Askari Bank said, “As a bank we are focused on providing forward-thinking solutions to our customers. This solution will help us to continue developing our digital suite of services and enable our customers to make faster transactions and receive greater value from their trade finance relationship”. The NPMC also discussed and directed M/o NFS&R to formulate strategy for the provision of storage infrastructure for improving supply chain of perishable food items. The Meeting was also apprised on the variations in the prices of pulses and rise in the prices of Eggs and Chicken due to seasonal factor.

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The Exchange companies assured that if these measures are implemented, there will be appreciation and stability in the value of Pak rupee. At the outset, Finance Minister expressed firm resolve of the Government to ensure stability in the Forex market. He stated that Government is committed to take all possible measures to keep Pak rupee vis-à-vis the US Dollar stable without interfering into market mechanism.

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Finance Minister further said that the present government focuses on achieving inclusive and sustainable economic growth by presenting a pro-people and business-friendly budget; therefore, the suggestions of all stakeholders will be given due regard. Finance Minister stressed to the business community for the enhancement of exports to achieve economic growth and stability in the foreign reserves. NPMC also discussed sugar prices in the country and directed Ministry of Industries and Production to expedite the process for building strategic reserves of sugar in the country and maintain stability in prices. The NPMC was briefed on the availability of essential goods at subsidized rates at the Sastaa & Sahulat Bazaars across the country. Finance Minister Mr. Shaukat Tarin appreciated the efforts of the Government of the Punjab, KP, Baluchistan and Islamabad administration in providing key items at discounted prices through arranging Sastaa Bazaars. He further directed to establish such bazaars in more cities to provide maximum relief to the people.

The aims and scope of JCBIF are the analyses,investigation and dissemination of ethical issues in business and finance world in both developed and developing parts of the world. We aim to understand the context of finance,technology and contemporary business along with local challenges, cultures and traditions. The objective of JCBIF,peer reviewed journal,is to publish theoretical and neybg empirical research which contribute to development in the areas of contemporary business management, finance and Islamic financial management in line with modern research trends. The NPMC also discussed the demand and supply of fertilizer in the country and directed M/o I &P to import Fertilizer as soon as possible to meet the rising demand and to maintain stability in the prices.

It was informed that prices of Onion are lowest as compared to its prices 3 years earlier. In this follow-up meeting, Chairman NAPHDA shared the up to mark progress on low cost housing proposals. Further, vapegala it was shared that awareness campaigns by the lending banks on housing loans are in pipeline. ECC approved a summary tabled by Ministry of Industries and Production for Ramzan Relief Package 2022.

The Finance Minister further directed Chairman FBR to take possible steps for the settlement of the issues of pharmaceutical industry related to Sales Tax on APIs in coordination with the representatives of the Pharma Industry. 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%. Federal Ministry for National Food Security & Research Syed Fakhar Imam, Minister of Energy Hammad Azhar, Adviser to the Prime Minister on Commerce and Investment Mr. Abdul Razak Dawood, Governor SBP, Federal Secretaries and other senior officers also attended the meeting. NPMC was briefed on the fertilizer situation in the country and was informed about the smuggling of the locally manufactured fertilizer to the neighboring countries.

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NPMC was informed that Potatoes, Onions, Eggs, Sugar, Moog Pulse, Mash Pulse have shown decline in the prices during the last week. The items shown decline in prices of Tomatoes by 0.24%, Potatoes by 0.04%, Onions by 0.04% and other by 0.11%. While prices of 16 items increased that contributed increase in SPI by 0.35% which included Garlic by 0.04%, Chicken by 0.20%, Banana by 0.03% and others by 0.08%. Finance Minister Mr. Shukat Tarin highlighted long relationship of ADB with Pakistan and appreciated the role of ADB in extending support to Pakistan during testing times.

Efforts are being made to complete the remaining prior actions under the capital markets development programme to disburse it within time, he added. The Saudi Minister was also apprised that the present Government is providing incentives to attract and facilitate foreign investors. The Saudi Investment Minister expressed the need for greater mutual investments in different fields. Finance Minister Mr. Shaukat Tarin ensured that government is fully supporting as well as undertaking all mandatory measures for boosting the IT sector in the country and providing incentives to boost IT sector exports. He further extended his full support to resolve the impending issues for the promotion of IT sector. Senator Aon Abbass Buppi updated the meeting about the issues being faced in the IT sector especially related to freelance workers and IT related remittance.

Prospective authors are kindly invited to submit full text papers including results, tables, figures and references. TFCL is a new entity set up primarily to cater to the financial needs of middle and low-cost private schools and is the first of its kind in the whole of Pakistan with a focus on improvement in the quality of education. Unaddressed for long, numerous imbalances in many market economies, emerging or developed — aggravated by global... MoU Signing Ceremony was recently held between House Building Finance Company & IGI Life Insurance. The MoU was signed by Mr. Faisal Murad, Group Head Business & Operations – HBFC & Mr. Tahir Masaud, Head Business & Operations – IGI Life, in the presence of senior executives of both the organizations.

The ECC also considered and approved a number of proposals of Supplementary/Technical Supplementary Grants submitted by different Ministries/Divisions. The ECC also considered and gave principal approval on a summary presented by Ministry of Defence Production for extending the Defence Credit Line Facility of USD 50 Million to Sri Lanka to enhance bilateral defence and security cooperation. The PPMA delegation thanked the Finance Minister for ensuring the full support for resolution of their issues. Finance Minister Mr. Shaukat Tarin appreciated all the stakeholders for their contributions in the success of the Kamyab Pakistan Programme and further directed for the expansion of Kamyab Pakistan Programme throughout Pakistan. Ministry of Commerce presented a summary for grant of regulatory support for establishing barter trade arrangements with Afghanistan and Iran. The ECC after discussion allowed regulatory cover to barter trade arrangements by amending relevant provisions of EPO 2020 and IPO 2020.