AreaPakistan

Commodity GroupRice

CommodityAll

Date28/01/2020

Policy CategoryTrade

Policy InstrumentFinance and Credit Facilities

DescriptionDoubled the financing limits applicable under the Long-term Financing Facility (LTFF) for credit support to exporters purchasing plants and machinery to PKR 5.0 billion (USD 31 million), while expanding the scheme\'s coverage to all export-oriented sectors. The move will also see an additional PKR 200 billion (USD 1.2 billion) of credit support made available to exporters for use by 30 June 2020 under the LTFF scheme and the Export Refinance Scheme.

NotesExchange rate as of 15 May 2020.