SBP asks banks to process KP sugar mill exports

The State Bank has told banks to process exports for eligible Khyber Pakhtunkhwa sugar mills after the province endorsed their quotas, with other rules left unchanged.

The State Bank of Pakistan has issued revised instructions on sugar exports.

The federal food ministry said Khyber Pakhtunkhwa has endorsed quotas for the province’s sugar mills.

SBP has asked banks to process export deals for eligible KP mills against their quotas.

Other SBP instructions on the matter remain unchanged, and banks must comply carefully.

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Zaviya News