KARACHI - The State Bank of Pakistan has said that benefits allowed to exporters on their export performance will also be applicable to those exporters who have achieved excess performance under Islamic Export Refinance Scheme (IERS). According to a circular (SMEFD Circular Letter No 1) issued on ...

KARACHI - The amount outstanding under Islamic Export Refinance Scheme (IERS) has increased to Rs 7 billion during third quarter of CY08 (Jul-Sep 2008), depicting a 30 percent increase over CY07. The IERS limits had been revised to Rs. 10 billion for the second quarter of FY09 while the Islamic ...