Karachi: The State Bank of Pakistan fulfilled another condition of the IMF and removed all restrictions on imports.
The State Bank issued a circular to lift import restrictions and allowed banks to provide foreign exchange to release more than 6,000 containers stuck at the ports.
The State Bank has said in the ongoing circular that the restrictions imposed by the State Bank on imports have been removed. The condition of preferential imports in the supply of foreign exchange for imports has been abolished, now foreign exchange will be provided for all imports without discrimination, authorized dealers of foreign exchange have been directed to provide foreign exchange for all imports.
According to the State Bank, the decision was taken on the suggestions of the stakeholders. Sources say that one week is left for the end of the IMF grace period and the government is trying hard to convince the IMF to fulfill the IMF’s condition of lifting the import ban. has gone
(function(d, s, id){
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3&appId=770767426360150”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.7”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));