KARACHI – The State Bank of Pakistan (SBP) has announced that glass manufacturing industry producing exportable goods is now eligible for financing under the central bank’s Long Term Financing Facility (LTFF). According to an SBP Circular, SMEFD Circular Letter No. 2 which was issued on Thursday, the financing for plant, machinery and equipment to be used by the export-oriented projects in the glass sector for producing exportable goods shall also be eligible under the LTFF Scheme. All other instructions issued periodically on the scheme shall remain unchanged, the circular said.
