IFC Invests in Pakistani Rupees to Support Engro Fertilisers and Strengthen Agri-Value Chain
The International Finance Corporation (IFC) announces its first PKR-denominated investment in Pakistan, partnering with Standard Chartered Bank to provide long-term financing to Engro Fertilisers, enhancing local capital use and food security.
SBP and IFC Sign Strategic Agreement to Expand Local Currency Financing in Pakistan
The State Bank of Pakistan and International Finance Corporation have inked a landmark agreement to strengthen local currency financing in Pakistan, aiming to support private sector growth and reduce foreign currency exposure for businesses.