Page 8 - தற்காலிகமானது பொருளாதார மறுநிதியளிப்பு வசதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rs435.7b extended to businesses under TERF Scheme was introduced to help businesses continue investment plans despite Covid-19 PHOTO: FILE KARACHI: As many as 628 businesses have acquired concessionary bank loans amounting to Rs435.7 billion for setting up new businesses and/or expanding their existing production lines in Pakistan under the Temporary Economic Refinance Facility (TERF), which expired on March 31, 2021. The State Bank of Pakistan (SBP) had launched the scheme in March 2020 for one year after the Covid-19 pandemic outbreak in the country in late February 2020. The scheme was introduced to help businesses press ahead with their initial investment plans instead of halting their investment decisions to let the testing times pass on. The cheaper investment for industrialisation is all set to steer economic activities.

Reza baqirEhsan malikPakistan stock exchangePakistan business councilTemporary economic refinance facilityState bankEconomic refinance facilityBusiness councilRs435 7bரெஸ பாகீர்எஹசன் மாலிக்பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம்பாக்கிஸ்தான் வணிக சபைதற்காலிகமானது பொருளாதார மறுநிதியளிப்பு வசதிநிலை வங்கிபொருளாதார மறுநிதியளிப்பு வசதி