SBP allows financing for BMR and expansion under its TERF
Karachi, May 08, 2020: The State Bank of Pakistan (SBP) has opened up it subsidized Temporary Economic Relief Facility (TERF) for Balancing, Modernization and Replacement (BMR) and expansion of existing projects. This measure has been taken to provide further stimulus to the economy in the context of COVID-19’s impact on the economy, to support investment…