Global Trade Alert
Global Trade Alert

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Pakistan: Limit of advance payment by banks on behalf of importers enhanced

Description

On 19 March 2020, the State Bank of Pakistan through EPD Circular Letter No. 04 of 2020 increased the advance payment limit by authorized banks on behalf of manufacturing & industrial concerns and...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

19 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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