Circulars/Notifications - Banking Policy Department  
BPD Circular Letter No. 23
June 22, 2005 

All Banks/DFIs

 

Dear Sirs/Madam,

Scheme for Financing Locally Manufactured
Machinery- Eligibility of the Industry

Please refer to the Para No. 2 of the Annexure-A attached with BPD Circular No. 25 dated July 24, 2004.

2. It is advised that, henceforth, the locally manufactured machinery and equipment needed for the projects/plants set up for Sulphuric Acid and Single Super Phosphate in the fertilizer industry shall also be eligible for financing under the Scheme for Financing Locally Manufactured Machinery.

3. All other instructions issued on the subject shall remain unchanged.

4. Please acknowledge receipt.



Yours faithfully,


Sd/-

(Muhammad Kamran Shehzad)
Director

 
       
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