Pakistan Banking Sector Cuts ERF Markup to 4.50% to Support Exporters and Economic Recovery
Pakistan’s banking sector announces a voluntary 3% reduction in the Export Refinance Facility markup, lowering the end-user rate to 4.50% to ease financing costs for exporters and strengthen foreign exchange inflows
Pakistan Cuts Refinance Rate to 4.5% and Lowers Industrial Power Tariffs to Boost Economic Activity
Prime Minister Shahbaz Sharif announces major economic relief measures including a 300 basis point cut in refinance rate and reductions in electricity wheeling charges to support industry, exports, and investment.