The State Bank of Pakistan introduced the Scheme for Long Term Financing for the Export Oriented Projects (SBP LTF-EOP) to facilitate import of machinery for up gradation of existing technology and enhancement in the quality of industrial production. Banks DFIs, approved as Participating Financial Institution (PFI) under the Scheme, are allowed to provide financing facilities to borrowers for import of machinery, plant, equipment and accessories thereof by export-oriented entities.
Tags: State Bank, Pakistan, Business, Trade, Loans, Finance
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