The State Bank of Pakistan has decided to extend the scheme of Long Term Financing for the Export Oriented Projects (LTF-EOP) to doubling, twisting, combing, slubbing, lycra and yarn dyeing of spinning sector. The decision has been taken to enhance the scope and coverage of the scheme.
The Central bank informed all the banks, Development Finance Institutions, Small and Medium Enterprises Department, that the above instructions would be applicable from December 08.