SBP includes packaging materials in refinance scheme

KARACHI : The State Bank of Pakistan (SBP) has announced that plant and machinery used in the export oriented projects f

Published June 27, 2011 Updated June 27, 2011 06:33pm

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By Imad Uddin

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According to IH&SMEFD Circular Letter No.12 of June 27, 2011, issued by SBP here o Monday, Para 3 of Development Categories of the list of sectors eligible for refinance under the LTFF Scheme, circulated vide MFD Circular No. 07 dated December 31, 2007 has been amended as under: Fruits/Vegetable & Processing, Cereals.

(Plant & machinery used for setting up of units for the purpose of preservations/ packaging / canning of fruits / vegetables & producing cereals as well as plant & machinery required for producing material exclusively used in packaging / preservation of food items).

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State Bank of Pakistan (SBP)