President Karachi Chamber of Commerce and Industry (KCCI), Anjum Nisar has appreciated the announcement for deferring payments of loans for one-year to exporters by State Bank of Pakistan (SBP)
He said that due to hike in utility tariffs and interest rates the cost of manufacturing is enormously increased and as consequence the exporters are facing colossal losses in processing their export orders. SBP announcement for allowing one-year grace for loan payment will bring temporary relief to exporters. -PR