SBP, FPCCI form joint committee to resolve LCs backlog issue
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad on Wednesday announced to form a joint committee in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the resolution of the huge backlog of the letters of credit (LCs), a statement quoted Irfan Iqbal Sheikh, president of the FPCCI, as saying. … Read more