Circulars/Notifications  

 SMEFD Circular Letter No. 02 of 2008
October 20, 2008 

The Presidents/ CEOs,
All Banks.

Dear Sirs /Madam,

HANDKNOTTED CARPETS-MATCHING PERFROMANCE
REQUIREMENT UNDER EXPORT FINANCE SCHEME PART-II

Please refer to MFD Circular No. 02 dated April 18, 2008 on the captioned subject.


2. It has been decided to enhance the entitlement of limit from existing 50% to 67% in the case of exporters of hand knotted carpets for the monitoring year 2008-09 on the basis of export proceeds realized during monitoring year 2007-08.

3. Other instructions on the subject shall remain unchanged.

Please acknowledge receipt.

Yours faithfully,

(Mansoor Hasan Siddiqui)
Director
 

© 2008 State Bank of Pakistan. All Rights Reserved. Disclaimer. Instructions

State Bank of Pakistan
I.I. Chundrigar Road, Karachi, Pakistan.
Phone: 111-727-111, Fax: (92-21) 9212440
www.sbp.org.pk