ECC Approves Export Finance Package to Boost FX Earnings

ECC Approves Export Finance Package to Boost FX Earnings

The Economic Coordination Committee (ECC) has greenlit a comprehensive export finance package, including an enhanced Export Finance Scheme (E-EFS) and a new Long-Term Export Growth Financing Facility (LTEGFF). These initiatives aim to boost Pakistan's export capacity, improve competitiveness, and accelerate crucial foreign exchange earnings. The package offers fixed low-rate financing and emphasizes support for the SME sector. Increased foreign exchange inflows from stronger exports could potentially strengthen the Pakistani Rupee, impacting local gold and silver prices.

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