LTFF limit raised to Rs2.5bn

E-Paper | April 30, 2026

KARACHI: The State Bank of Pakistan (SBP) in a circular issued on Thursday notified all banks and development finance institutions that the financing limit for a project under the Long-Term Financing Facility (LTFF) and Islamic Long-Term Financing Facility (ILTFF) has been increased from Rs1.5 billion to Rs2.5bn.

The decision has been taken to promote investment in the export-oriented projects, said the bank’s press release.

Under the LTFF, financial institutions can provide long-term currency finance for imported and locally manufactured plant and machinery to be used in the export-oriented projects. The financial institutions can charge a maximum spread of 1.5 per cent, 2.5pc and 3pc per annum for financing up to three, five and ten years respectively.

The core sectors eligible to avail LTFF include textile and garments, rice processing, leather and leather products, sports goods, carpets and wool and surgical instruments.

Published in Dawn, April 26th, 2019

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Our readers are at the heart of everything we do.
Do you have a thought to share or a way we can improve? We’d love to hear it. Reach out to us at feedback@dawn.com.

Business

PSX plunges over 4,700 points during intraday trade as bears maintain control

Oil surges to 4-year high, stocks slip after Trump blockade warning

European Investment Bank commits €160m to rebuild Sindh

Saif Zulfiqar

Apr 26, 2019 11:40am

Pakistan is moving into the right directions under PTI rule.

Recommend 0

Vikas

Apr 26, 2019 11:47am

Just shows how much value the Rupee has lost. Effectively it’s actually been reduced. It should have been minimum 3 billion to negate the effect of valuation of the Rupee.

Recommend 0

Minhaj Khokhar Silicon Valley

Apr 26, 2019 01:21pm

Again, old commodity based products. Nothing new. Low profit margins and high input costs. Microsoft just reached a trillion dollar valuation, more than 4 times the entire economy of Pakistan. How about focus on export of software services, science and technology based new products and services, renewable energy? Unless and until Pakistan moves out of value added services and products, it will not employ its youth and increase its GDP. The entire economy needs to be shifted to Digital Transformation, Renewables, and Precision Agriculture. If we can focus on just these 3 areas, it will uplift 18 other areas. Think different. Think New. Think of Drastically Innovative Solutions or diminish.

Recommend 0

Analyst

Apr 26, 2019 04:55pm

@Saif Zulfiqar, Direction is right but the problem is that we are not moving.

Recommend 0

Branded Content

Taptap Send, Arshad Nadeem partner to highlight Pakistan’s unsung champions

The initiative comes at a time when cricket continues to dominate national attention, often overshadowing achievements in other sports.

NexGen Auto (Nishat Group) to Introduce iCAUR in Pakistan

As one of Pakistan’s leading business groups, Nishat Group operates across key sectors including textiles, cement, banking, insurance, power and agriculture.