IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 20 Aug 2013 | Removal date: open ended
Still in force

Trade finance

 On 20 August 2013, the State Bank of Pakistan (SBP) through Circular No. 3 (2013) introduced the Long Term Financing for the Export Oriented Services Sector to finance purchases of new capital goods.
 
Currently Transportation and Computer & Information Technology are the two sectors eligible to avail this facility. Eligible enterprises need to generate at least 50% of their sales abroad or annual exports greater than USD 5 million, whichever is lower. The loan will be for a maxiumum amount of Rs. 5 billion (USD 83 million) per enterprise with a maximum maturity of 10 years, including a 2 year grace period.
 
 

AFFECTED COUNTRIES

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