The construction and housing finance also emerged as notable sectors, which are witnessing healthy increase in credit off-take.
Economy
Finance Minister Shaukat Tarin presented the seventh tax directory of the legislators at the Federal Board of Revenue headquarters after a two-year delay. There is still a wait for the directories for the 2020 and 2021 tax years.
Importantly, 93 parliamentarians did not bother to file their tax returns in 2019, according to FBR’s new tax directory.
Since August 2020, Apple has increased its market value by around $1 trillion, demonstrating a strong growth during the ongoing pandemic.
Agenda of the Senate Secretariat showed that Finance Minister Shaukat Tarin will present before the Senate a copy of the money bill, the Finance (Supplementary) Bill, 2021, and move that the Senate may make recommendations, to parliament on the bill under Article 73 of the Constitution”.
In 2021, Pakistani entrepreneurs jointly raised a record $365.87 million, an increase of 450 percent over the $66.44 million raised in 2020
Asad Umer said that according to NAB Chairman, Rs20 billion wheat was stolen in Sindh. He pointed out that wheat in Sindh was being sold at Rs300 to Rs350 costly on per 20kg in comparison with Punjab province.
Tarin said the talk with the fund for resumption of $6 billion Extended Fund Facility is not a piece of cake after the US pullout of Afghanistan.