ISLAMABAD : (Parliament Times) Finance Minister Ishaq Dar has inaugurated the premium prize bond of Rs 40,000 with features of monthly profit and prize of Rs 80 million on draw.
Premium prize bond will be issued in the name of investor with direct crediting facility of prize money and profit into investor’s bank account.
It will be available for individuals, public and private institutions except banks, insurance companies and mutual funds. The premium prize bond can be obtained through State Bank branches in Islamabad, Lahore, Karachi, Peshawar and Quetta.
Addressing the ceremony, Finance Minister Ishaq Dar said that profit will given after every six month on premium bond of Rs 40,000.
He noted that international professionals believe Pakistan will be among top 20 countries in 2030 due to its fast growth in economy.
World credible institutions recognized Pakistan economy, he added.
Dar further highlighted that Pakistan’s growth rate is 7 to 8 percent.
