ANNOUNCEMENT 20 Jan 2011

In January 2011, the government of Pakistan announced a change in financial export support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



SMEFD Circular Letter No. 02 of 2011

http://www.sbp.org.pk/smefd/circulars/2011/CL2.htm


Inception date: 20 Jan 2011 | Removal date: open ended
Still in force

Other export incentive

On 20 January 2011, the State Bank of Pakistan issued Circular No. 02 (2011) notifying the inclusion of the Glass sector in the list of sectors eligible under the Long Term Financing Facility (LTTF) for Plant & Machinery. Under the facility, banks provide long-term credit for the purchase of new imported/locally manufactured plant, machinery and equipment for export-oriented projects in the eligible sectors.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries

AFFECTED SECTORS

 

AFFECTED PRODUCTS