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SBP Decision to Demolish Export Refinance Scheme, IERS Has Shaken Textile Sector: PTC

SBP Decision to Demolish Export Refinance Scheme, IERS Has Shaken Textile Sector: PTC
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Pakistan Textile Council , Pakistan Textile Council Paktextile , State Bank , Export Refinance Scheme , Islamic Export Refinance Scheme , Export Finance Scheme , Policy Rate , Now More Expensive Working ,

New textile policy seeks to boost exports

ISLAMABAD: While doing away from the existing mechanism for the provision of gas and electricity at subsidized fixed rates, the government has approved a new Textile Policy, envisaging to double its. ....

Abdul Razak Dawood , Ministry Of Commerce , Ministry Of Commerce Ahmed Mujtaba Memon On , Textile Policy , Commerce Abdul Razak Dawood , Additional Secretary Ministry , Commerce Ahmed Mujtaba Memon , Duty Drawback , Local Taxes , Export Refinance Scheme ,

FPCCI for fair export refinance mechanism to support SMEs


Daily Times
May 22, 2021
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the central bank to ensure provision of Export Refinance Scheme funds to diversified sectors particularly SME and Solar power sectors.
In a statement on Saturday, FPCCI President Mian Nasser Hayat Maggo maintained that economic logic warrants more support to Small and Medium Enterprises (SMEs) and new businesses rather than well-established business groups. He termed it even more critical with clean energy sources like solar; as Pakistan desperately needs more businesses to chip in.
The FPCCI president has noted with concern that Commercial Banks continue to disburse 90% of the funds– coming under export refinance schemes – to only a few chosen business groups. The whole exercise is biased and unfair, he blamed adding that same practice has continued when it came to export refinance for solar plants and equipment. “If this unfair practice contin ....

Mian Nasser Hayat , Mian Nasser Hayat Maggo , Federation Of Pakistan Chambers Commerce , Medium Enterprises Smes , Pakistan Chambers , Export Refinance Scheme , Medium Enterprises , Commercial Banks , State Bank , கூட்டமைப்பு ஆஃப் பாக்கிஸ்தான் அறைகள் வர்த்தகம் , நடுத்தர நிறுவனங்கள் ஸ்மெஸ் , பாக்கிஸ்தான் அறைகள் , ஏற்றுமதி மறுநிதியளிப்பு திட்டம் , நடுத்தர நிறுவனங்கள் , வணிகரீதியானது வங்கிகள் , நிலை வங்கி ,