The Economic Coordination Committee (ECC) has approved over Rs255 billion in subsidies across three schemes to boost Pakistan's struggling exports. Key initiatives include an enhanced Export Finance Scheme (E-EFS) with 8.5% interest loans, a new Long-Term Export Growth Financing Facility (LTEGFF) offering 2-5% interest, and a performance-based rebate on incremental exports. Additionally, the ECC fixed a lower domestic gas tariff of Rs2,000 per mmBtu for RLNG-based power plants, down from Rs3,500, to contain power tariffs. These measures could improve Pakistan's trade balance and potentially support the Pakistani Rupee against the US Dollar.
بحوالہ / Source: www.dawn.com