ISLAMABAD: Evaluating the Export Finance Scheme (EFS) and Long-Term Finance Facility (LTFF) for plant and machinery offered by the State Bank of Pakistan (SBP), the World Bank on Friday said that despite delivering net benefits, the schemes entail a substantial financial cost to the central bank. Based on cost-benefit analysis, a study carried out by the World Bank advised the …
Read More »World Bank advises State Bank to revisit export credit schemes
August 15, 2020