Temporary Economic Refinance Facility (TERF)

SBP projects Pakistan’s GDP growth up to 5%

November 24, 2021 by Roman Ahmed

KARACHI: The State Bank of Pakistan (SBP) has projected the real GDP growth at 4 per cent to 5 per cent for the current fiscal year, as per the actual target set for the fiscal year. However, the current account deficit has been projected at up to 3 per cent of the GDP as against … Read more

State Bank of Pakistan reduces markup rate to 7 percent

July 8, 2020 by Web Desk

Pakistan’s Total Liquid Foreign Reserves Stand at US$ 23.02 billion

The State Bank of Pakistan has reduced the markup rate on investment under SBP’s Temporary Economic Refinance Facility (TERF) to 5% (from 7%) and on Long Term Financing Facility. According to the details, SBP reduces markup rate on investment under SBP’s Temporary Economic Refinance Facility (TERF) to 5% (from 7%) and on Long Term Financing … Read more

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