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Pakistanis stranded in Europe, Middle East to be brought back by July 20, NA told

Pakistanis stranded in Europe, Middle East to be brought back by July 20, NA told
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All stranded Pakistanis to be brought back by July 20, NA told

All stranded Pakistanis to be brought back by July 20, NA told
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Banks asked to meet home loan target or face penalty - Newspaper

The State Bank of Pakistan (SBP) has decided to impose penalty on banks if they fail to meet the mandatory targets for the number of houses and disbursement, said a circular issued on Tuesday. Photo courtesy ProPakistani/File KARACHI: The State Bank of Pakistan (SBP) has decided to impose penalty on banks if they fail to meet the mandatory targets for the number of houses and disbursement, said a circular issued on Tuesday. “It has been decided that penalty will be imposed on banks falling short of their Government’s Mark-up Subsidy Scheme (G-MSS) targets with effect from July 31, 2021 on both targets of number of housing units and amount of disbursements,” said the central bank.

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Pakistan cement dispatches grow by 13% in June

Pakistan cement dispatches grow by 13% in June
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Pakistan records highest cement sales since 1990

Daily Times July 4, 2021 Cement companies in Pakistan have marked their highest sales in the financial year 2020-21 since 1990, according to the data maintained by the All Pakistan Cement Manufacturers Association. The industry also reported the highest growth of 20% since the fiscal year 2007-8, when it was recorded at 25%. But the quantity sold last financial year by the cement companies was almost double at 57 million tonnes as compared to 30 million tonnes sold in 2007-8. “The FBR’s amnesty scheme played an important role in the high sales,” said Senior Research Analyst Ali Zaidi. “It helped government bring black money in the tax net.”

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