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Showing posts from April, 2021
Roshan Apni Car Scheme Allows Families of Overseas Pakistanis to Get Discounted Rates   Prime Minister Imran Khan has unveiled the Roshan Car Scheme to facilitate overseas Pakistanis from different countries. This will also push the auto sales of the local brands in the future, attracting investment while enhancing the production capacity of the existing units. This is the first time in history that apart from amnesty schemes, any government is willing to extend a gesture of acknowledgment for their precious support towards increasing dollar reserves of the State Bank of Pakistan (SBP) through remittances. For this, the government, in collaboration with SBP, has launched the ‘Roshan Apni Car’ scheme which will facilitate non-resident Pakistanis (NRPs) to purchase cars at a lower price. According to the scheme, cars will be available at lower financing rates (7%) for overseas Pakistanis whose families are willing to buy cars in the country through conventional and Islamic banks. The...