The State Bank of Pakistan has announced that glass manufacturing industry producing exportable goods is eligible for financing under the SBPs' Long Term Financing Facility (LTFF). According to a Circular (SMEFD Circular Letter No 2) issued on Thursday, financing for plant, machinery & equipment to be used by the export oriented projects in glass sector for producing exportable goods shall also be eligible under the LTFF Scheme.
All other instructions issued on the scheme from time to time shall remain unchanged, the Circular added.