Tag Archives: One person got Rs90bn out of Rs570bn concessionary loan disbursements: Miftah

KARACHI: Criticising the lopsided distribution of subsidised loans under the Temporary Economic Refinance Facility (TERF), Finance Minister Miftah Ismail said on Friday only one individual received as much as Rs90 billion through the concessionary refinance scheme. He was referring to the facility provided by the State Bank of Pakistan, which allowed industrialists to seek long-term funding at minimal interest rates …

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