Government Expands Financing Support for Export-Oriented SMEs

On November 5, the Prime Minister directed further facilitation for small and medium-sized exporters, including removal of the requirement that SMEs export at least 80% of their products to qualify for long-term financing. The meeting was informed that Rs300 billion had been allocated under the Export Finance Scheme for SMEs and new exporters, while Rs350 billion was earmarked for the Long-Term Financing Facility. HPC can assist manufacturers, machinery suppliers and exporters with sourcing, trade connections and commercial opportunities.

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