The government of Pakistan has launch 1st ever registered Premium Prize Bond with monthly profit benefit. Finance Minister Mr Ishaq Dar inaugurated the bond at a ceremony in Islamabad 10 march 2017. Premium bond will yield profit every six months..
Speaking on the occasion, Finance Minister Mr Ishaq Dar said Pakistan is treading on the path of progress at very fast pace. Finance Minister Mr Ishaq Dar said Rs.80 million money is the first prize for this premium bond of Rs.40,000.
Finance Minister Mr Ishaq Dar said a bond of one Lakh rupees will also be launched in 2017.
Ishaq Dar said bonds will be available for individuals public and private and govt servant and other companies however banks and insurance companies cannot buy it.
Finance Minister Mr Ishaq Dar said the bond prize money will be directly transferred to the bank account of the winner instead of publishing his name in the newspaper or internet.but you can also see name on website.Finance Minister Mr Ishaq Dar said with aggressive reforms in the economy of Pakistan .the government of Pakistan is fulfilling its promises to people of Pakistan.
Finance Minister Mr Ishaq Dar said the our Pakistan economic progress is being internationally claimed and all economic indicators are showing huge trend. International economic experts see our Pakistan among the top twenty economies of the world in year 2030.
Finance Minister Mr Ishaq Dar said that Pakistan will soon sign a bilateral treaty for Bank Information Sharing to detect tax with Switzerland.