Govt Officials to Get Low-Interest Advances at 2% Markup
The public authority has presented a credit plot for officials of Pakistan Regulatory Administrations (PAS) and Common Administration (PMS), permitting them to get assets at an insignificant 2% markup.
A panel, led by Money Secretary Mujahid Sherdil, has been shaped to deal with the program.
The drive furnishes officials with critical monetary help, with advances not entirely set in stone by their grade:
Grade 17 officials can apply for advances up to Rs. 5 million.
Grade 18 officials are qualified for up to Rs. 15 million.
Officials in grades 19 and 20 can get up to Rs. 20 million.
Senior officials in grades 21 and 22 can get as much as Rs. 250 million.
The credits can be reimbursed through simple portions, guaranteeing moderation for those using the office. This program plans to offer monetary alleviation and comfort to government officials across different levels.
