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The Industrial Development Bank of Pakistan (IDBP) was established on July 29, 1961, through the transformation of the Pakistan Industrial Finance Corporation (PIFCO). [1] PIFCO, founded in February 1949 with a share capital of Rs. 20 million, was primarily funded by the Central Government (51 percent) and various institutional and individual ...
PayPak (Urdu: پے پاک) is a domestic payment service available in Pakistan. [1] It was launched in 2016 by 1Link to save inter-change costs of International Payment Schemes. PayPak cards can only be used on ATMs, POS terminals, and online transactions within Pakistan. [2]
In the fiscal year 1949–50, Pakistan recorded a national savings rate of 2%, a foreign savings rate of 2%, and an investment rate of 4%. Manufacturing contributed 7.8% to the GDP, while services, trade, and other sectors accounted for a significant 39%, reflecting a policy centered around import-substituting industrialization .
There are several successful side hustles available, and each one offers a unique possibility to increase your income, start saving more money, start investing or even assist pay for your first ...
Management pay scales – – – MP-III MP-II MP-I MP-Spec – 6. State Bank of Pakistan pay scales: OG-1, OG-2 OG-3, OG-5, OG-4 OG-6 OG-7 OG-8 Governor – 7. National Bank of Pakistan pay scales: OG-3, OG-2 OG-1, AVP VP SVP EVP SEVP President – 8. Higher Education Commission (HEC) pay scales – – TTS-III TTS-II TTS-I TTS-MP TTS-Spec ...
The department promotes industrial development, trade and investment. The department is headed by an elected minister as well as a secretary. Mian Muhammad Aslam Iqbal is the Provincial Minister of Punjab for Industries, Commerce and Investment since 27 August 2018.
The Benazir Income Support Programme was established in 2008 by Yousaf Raza Gillani who took the advice of President Asif Ali Zardari.The program's name is a tribute to former Prime Minister and wife of President Asif Ali Zardari, Benazir Bhutto, who was assassinated in 2007.
The State Bank of Pakistan issued a No Objection Certificate on 19 August 2004 and Bank Islami Pakistan Limited, the second full-fledge Islamic commercial bank in Pakistan, was incorporated on 18 October 2004 in Pakistan. [15] In 2015, JS & Co. further invested in the bank. [16]