FPCCI appreciates SBP for waiver of E-form requirement up to US $5000.

KARACHI -- Federation of Pakistan Chambers of Commerce and Industry' (FPCCI) President Mian Anjum Nisar and Vice President Shaikh Sultan Rehman lauded the State Bank of Pakistan (SBP) for the waiver of the E-form requirement for up to the US $5000 per consignment for small industries.

He said that this move will facilitate the small exporters, especially women business entrepreneurs, and will tremendously boost the exchequer.

The central bank has exempted exports from the E-form requirement for up to the US $5000 per consignment in order to boost exports in the changing situation of global consumer markets due to the Covid19 epidemic crisis. The SBP has issued a detailed regulatory framework to facilitate Business-to-Consumer (B2C)...