Tue, 21-Oct-2025

EFS major goal is to increase exports

EFS

KARACHI: The major goal of the Export Finance Scheme (EFS) is to increase exports. The EFS is a policy that provides finance to exporters. Exporters of manufacturing items, particularly exporters of value-added goods, can access these funding options through banks. The State Bank of Pakistan has raised the markup on credit facilities from 5.5 percent … Read more

Businessmen demands restoration of 180 days period for export proceeds realisation

SBP

KARACHI: The business community has demanded the State Bank of Pakistan (SBP) to restore the 180 days period for realisation of export proceeds, a statement said on Friday. On January 5, 2022, the SBP amended the foreign exchange manual to reduce the number of days from 180 to 120 for the realisation of the export … Read more