LAHORE: The State Bank of Pakistan’s Temporary Economic Refinance Facility (TERF) will raise the investment-to-GDP ratio by almost one per cent during the ongoing fiscal year despite the Covid-19 pandemic as approvals of long-term concessionary investment loans under it have already reached Rs430 billion. The central bank had introduced the concessionary refinance scheme to facilitate investment in new industrial projects, …
Read More »30pc of TERF goes to new projects, says Baqir
March 2, 2021