![SBP introduces new measures to facilitate IT Exporters and Freelancers SBP introduce measures of IT](https://thebizupdate.com/wp-content/uploads/2023/10/state-bank-600x400.jpg)
SBP introduces new measures to facilitate IT Exporters and Freelancers
Islamabad, October 23, 2023 :In order to facilitate the IT exporters to boost the exports of IT and IT enabled services, SBP has increased the permissible retention limit of IT exporters from 35% to 50% of their export proceeds in the Exporters’ Specialized Foreign Currency Accounts (ESFCAs). Further, the usage of the balances available in…