Pakistan’s banking sector on Wednesday announced a voluntary 3% reduction in the markup rate on the Export Refinance Facility (ERF), lowering the end-user cost for exporters to 4.50% with immediate effect. The move, which was taken in national interest, aims to ease financing costs for the export sector and support foreign exchange inflows amid the […]
ERF
Amin says govt to use ERF to create 100,000 nature jobs
ISLAMABAD: Special Assistant to Prime Minister on Climate Change Malik Amin Aslam on Friday said that Pakistan was investing in ecosystem restoration through the Ecosystem Restoration Fund (ERF) which was launched last year and would be used to create 100,000 nature jobs. He was addressing a webinar as part of a series of events, organised […]