The Government of Pakistan has expanded export financing support to Rs1.85 trillion for fiscal year 2026-27, with the measures aimed at improving access to affordable funding, strengthening the competitiveness of exporters and supporting export-led economic growth. The expanded financing framework is being managed through the Export-Import Bank of Pakistan (Pak EXIM), the country’s Export Credit Agency and a policy institution, which is overseeing key financing schemes designed to address both the short-term working capital requirements and long-term investment needs of exporters.
Under the Enhanced Export Finance Scheme (EFS), the financing envelope has been increased to Rs1.5 trillion for FY2026-27 from Rs1 trillion previously. The increase provides a substantially larger financing pool for eligible exporters and is intended to improve their access to funding. On the directives of the Prime Minister, Rs300 billion from the enhanced allocation has been specifically earmarked for small and medium enterprise exporters, agriculture-related small and medium enterprises and new borrowers. The dedicated allocation is intended to widen participation among businesses that have traditionally had limited access to the export financing scheme.
The revised EFS allocation is currently available to eligible exporters through participating financial institutions (PFIs). The increased financing limit is expected to improve access to working capital across the export sector, particularly for small and medium enterprises, new entrants and emerging exporters. By increasing the financing available under the scheme and reserving a specific portion for smaller businesses and new borrowers, the Government aims to provide a broader range of exporters with the financial capacity required to support their operations and participate in international markets.
Alongside the enhanced short-term financing facility, the Government has introduced the Long Term Export Growth Financing Facility (LTEGFF), with Rs350 billion allocated through financing lines to support long-term investment and expansion of export capacity. The facility is designed to help exporters invest in new plant and machinery, including both locally manufactured and imported equipment. It will also provide financing for balancing, modernization and replacement (BMR) of existing projects, allowing businesses to upgrade their production capabilities and improve operational capacity.
The LTEGFF also includes support for investments connected to Pakistan’s transition toward a greener and more sustainable economy. Exporters will be able to use the facility for investments aimed at improving environmental and sustainability standards. This aspect of the financing programme is intended to help Pakistani businesses strengthen their position in international markets, where environmental, social and governance (ESG) considerations and environmental compliance are becoming increasingly relevant to international trade and business relationships.
Pak EXIM is managing both the EFS and LTEGFF in coordination with the State Bank of Pakistan (SBP). The coordination is aimed at expanding access to both working capital and long-term investment financing for exporters. The combined financing measures are intended to strengthen business capacity, encourage the entry of new exporters, increase participation by small and medium enterprises, facilitate modernization and investment, and support diversification and competitiveness across Pakistan’s export sector.
To make export finance more accessible and streamline the processing of financing requests, Pak EXIM has also developed its EFS Digital Portal. The portal digitally connects Pak EXIM with participating financial institutions across the country, while development finance institutions are also being onboarded onto the system. Through this digital connection, the institutions can interact and process export financing requirements through an end-to-end digital mechanism.
The EFS Digital Portal is intended to improve efficiency, transparency and continuity in the delivery of export financing services. By moving interactions between Pak EXIM and participating institutions into a digital environment, the system is expected to simplify financing processes and improve access for eligible exporters. The onboarding of development finance institutions will further expand the network through which export financing support can be provided.
The Government’s expanded financing framework combines increased short-term funding, dedicated support for SMEs and new borrowers, long-term financing for industrial investment and a digital mechanism for processing export finance. Pak EXIM will continue coordinating with the Government, SBP, PFIs, development finance institutions and exporters to strengthen the country’s export sector. The measures are aimed at supporting sustainable and competitive export growth while giving businesses greater access to financing for working capital, modernization, capacity expansion and investments aligned with changing international environmental standards.
Follow the PakBanker Whatsapp Channel for updates across Pakistan’s banking ecosystem.